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ARCHIVED BLOG POSTS

2011 

Written by Utah Real Estate Professionals Earthquakes. Floods. Hurricanes. Fires. Destruction happens everyday and we do need to be prepared. Safety first is a must and we all need safety plans for when tragedy strikes. But after you make your plan for your loved ones, you may want to make a plan...
08/31/2011
Earlier this month, we detailed what changes were in store for buyers trying to secure a loan in this new market of loan originating. The underwriting is more stringent than ever for applicants with even the best of credit and the cleanest of files. So what does this mean in today's market?   The...
08/26/2011
  Written by Utah Real Estate Professionals     If you have a child heading off to college, you know they are packing a lot of stuff - just their techno stuff alone has quite a high price tag on them. How can you be sure their things at college are protected from theft, lost or from fire? Accordi...
08/24/2011
by Utah Real Estate Professionals What were you doing 50 years ago? I wasn't around then, but it's reported the interest rates today are lower than they were 50 years ago. What was going on 50 years ago? Inflation was 1.07% Cost of a new house $12,500 Average Annual Income $5,351 COST OF GASOLINE...
08/19/2011
  In spite of a lot of bad news about the United State's credit rating, the stock market downturn and the housing market, there are still indications the real estate market is ticking ever so slightly upward and may actually be in a full swing recovery in 2013! That is actually a little more than...
08/16/2011
  Written by Utah Real Estate Professionals   A drop in lending costs spurred the largest refinancing gain in more than two years. During the first week of August, the Mortgage Bankers Association's indexed increased by 22 percent. While the purchase gauge declined .9 percent, the group's refinan...
08/11/2011
Written by Utah Real Estate Professionals Early in the week, an agreement to raise the US debt ceiling was reached, avoiding a default on government debt, but investors found little time for relief. Concerns about debt problems in Europe and the slow pace of global economic growth sparked a large...
08/08/2011
Written by Utah Real Estate Professionals Would you rent a foreclosure from the Government? Recently the Wall Street Journal reported the Obama Administration is considering a plan allowing the lenders to rent out unsold foreclosed homes. The plan would remove the glut of unsold foreclosed invent...
08/05/2011
Written by the Utah Real Estate Professionals If you're looking for a home, you should be looking for a loan. However, if it's been awhile or you haven't really been actively participating in the search lately, you may have noticed the game has changed some. The documentation and credit history n...
08/02/2011
Written by Utah Real Estate Professionals   Last week, July 18 to 22, 2011, applications for home mortgages declined 5% while interest rates increased slightly on a 30-year fixed loan up to 4.57% from 4.54%.   The Purchase index seasonally went down 3.8% from the week before.   Re-fi's decreased ...
08/01/2011
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