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Home price growth continues deceleration nationwide in September

National quarter-over-quarter (QoQ) home price growth fell 0.1 percent to 0.8 percent, and national year-over-year growth (YoY) fell 0.1 percent to 6.7 percent for September. West Region The West fell 0.1 percent to 1.2 percent QoQ growth for September. Northeast Region The Northeast fell 0.1 percent to 1 percent QoQ growth for September. South Region

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Treasury Yields Rise As Investors Await Fed Meeting

U.S. 10 Year Treasury Note pushing yields up, as investors awaited a Federal Reserve meeting that’s expected to produce a midweek rate increase and as oil prices jumped to a four-year high. The Fed’s rate-setting Federal Open Market Committee is seen as virtually certain to deliver a quarter-point rate increase when it concludes a two-day

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Mortgage Rates Hit 6-Week High with Housing Market at a Crossroad

Rates for home loans rose to a six-week high as upbeat economic data and a bulging deficit spurred a yield-lifting bond sell-off and big questions gripped the housing market. The 30-year fixed-rate mortgage averaged 4.60% in the Sept. 13 week, according to Freddie Mac’s weekly survey. That was up six basis points during the week, and

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The 30-year-fixed rate has averaged 4.45% for the full year, up from 3.99% in 2017

Those rates don’t include fees associated with obtaining mortgage loans. Bond prices have been under pressure over the past week, as reports of progress on trade deals and a possible German lifeline for the Turkish currency crisis weakened demand for safe-haven assets. Bond yields rise when prices fall. Mortgage rates follow the trajectory of the benchmark

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Private Money Financing Up To 90% of the Purchase Price

Financing up to 90% of the purchase price, not to exceed 75%-80% of “as is” value for non-owner occupied.  80% Loan to Value available on property up to one million dollars value in major metropolitan areas noted above; properties outside of these parameters will be subject to 75% max Loan to Value.  No credit score

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Financing Up To 100% of the Total Rehab Budget

Non-owner occupied rehab financing up to 100% of the total rehab budget.  Max 70-75% of After Repair Value funds are disbursed over draws upon verification of completed work.  Interest is paid on the total loan amount, including the undrawn funds and a general contractor is required for first time flippers.  This program is not designed

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Rates Climb after Reports that Germany May Offer Aid to Turkey

Treasurys came under pressure, pushing yields higher, on Tuesday amid reports that Germany was contemplating extending financial aid to Turkey, which is in the throes of currency crisis. The 10-year Treasury note yield TMUBMUSD10Y, +1.18% rose 3 basis points to 2.880%, its highest in nearly two weeks, while the 30-year bond rateTMUBMUSD30Y, +1.16% advanced 3.6 basis points to 3.033%. The

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