Tag Archives: closing

Low Lender Fees But Requirements About To Tighten

North Carolina has the 6th lowest set of lender fees in all of the US according to a recent survey conducted by Bankrate, Inc. In this survey North Carolina was only bested by Hawaii, Alaska, South Carolina, California and New Mexico.

Low Lender Fees

Bankrate, Inc is the internet’s leading aggregator of financial rate information. In this hypothetical purchase Bankrate requested a good faith estimate from up to 10 different lenders in each state. The amount requested was for a $200,000 mortgage for...
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Affects of Government Shutdown on Local Real Estate

Government Shutdown. 70 percent of all loans made this year in the Crystal Coast and surrounding areas involved either Fannie Mae, Freddie Mac, VA or a FHA Loan. To put it another way, the federal government has its hands in almost ¾’s of all mortgage loans made in 2013. So will the government shutdown affect your ability to get a loan? Will it slow or stall your upcoming closing? Will interest rates go up? The good news is that mortgage rates tend to go the opposite...
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