Harrisonblog

A lot of chit-chat has been darting back and forth on the web about whether or not folks can actually use the new $8,000 first time homebuyer tax credit for a down payment. Well, the facts are in! If you qualify for the tax credit [click here to read up on qualifications for this credit] [...]

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By now you’ve probably heard all about the $8,000 first time home buyer tax credit passed by Congress a few months ago. Before now, though, folks couldn’t use the $8,000 toward a down payment because they’d have to file their tax returns in order to receive the credit. Shaun Donovan, secretary of the U.S. [...]

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There is a lot of confusing information floating around about the President’s plan to modify home mortgages — especially regarding who qualifies, when and how the assistance will be available, and its duration.
The Treasury Department has launched a website, FinancialStability.gov, that spells out everything. Click on the link for the “Fact Sheet.” It [...]

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MortgageCroc has a website that holds a plethora of information regarding mortgages and loans. It features a tip of the day, news, articles, lays out the basics of mortgages (credit scores, types of mortgages, amortization schedules, etc.), and is all-in-all a cool looking site. So if you have any questions about mortgages, feel free to [...]

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This article was just published by WHSV (Harrisonburg’s TV station):
Attorney General Bob McDonnell announced Monday that Virginia has joined a nationwide settlement agreement with Countrywide Financial Corporation. The settlement will provide about $8.4 billion in home loan and foreclosure relief to as many as 397,000 homeowners across the country, including projected relief of $212.8 million [...]

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Interest rates are low right now… really low. So, is now a good time to refinance your home mortgage? Here are some things you’ll need in order to qualify. Note: To know for certain, talk to your mortgage broker. He or she can give you the facts about your specific situation.

Impeccable credit is always a [...]

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For the past couple years, the housing market has gone through some tough times. Remember in 2005 when houses literally sat on the market for a day before going under contract? Well, after that boom, the market turned around, and the real estate market has now begun the road to recovery.
Here are some statistics to [...]

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