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	<title>Loans Learning Center &#187; News</title>
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	<description>College Student Loan and Private Loan Consolidation Information</description>
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		<title>Refinance your mortgage or buy a new house?</title>
		<link>http://mileniooscurocomics.com/refinance-your-mortgage-or-buy-a-new-house/</link>
		<comments>http://mileniooscurocomics.com/refinance-your-mortgage-or-buy-a-new-house/#comments</comments>
		<pubDate>Sat, 30 May 2009 14:00:57 +0000</pubDate>
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				<category><![CDATA[News]]></category>

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		<description><![CDATA[
Fed Moves Spark Refi Madness!
by Mike Larson 03-20-09








The Federal Reserve has done it now. In poker  terms, it’s gone “all in.”
Specifically, the Fed said this week that it will ramp up its purchases of Fannie Mae and Freddie Mac Mortgage Backed Securities (MBS) from $500 billion to a whopping $1.25 TRILLION in the coming [...]]]></description>
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		<title>Rental Property Conversion Series: Refinance Settlement, Power of Attorney and Escrow</title>
		<link>http://mileniooscurocomics.com/rental-property-conversion-series-refinance-settlement-power-of-attorney-and-escrow/</link>
		<comments>http://mileniooscurocomics.com/rental-property-conversion-series-refinance-settlement-power-of-attorney-and-escrow/#comments</comments>
		<pubDate>Sat, 30 May 2009 14:00:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

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Last week, I went to settlement on our mortgage refinance.  Refinancing was our first step toward converting our residential property to a rental.
Our new interest rate is 5%, which is 0.75% lower than our previous rate and ended up lowering our mortgage payment by $350/mo.
A lower mortgage payment will allow us to set a [...]]]></description>
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		<title>mortgage + line of credit option</title>
		<link>http://mileniooscurocomics.com/mortgage-line-of-credit-option/</link>
		<comments>http://mileniooscurocomics.com/mortgage-line-of-credit-option/#comments</comments>
		<pubDate>Sat, 30 May 2009 14:00:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

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Home owners who have lots of equity in their house, might be looking for ways to get access to that equity without having to re-finance their house every time a need arises for some additional money.
A mortgage with a line of credit portion is a great product for some.   Here are some typical [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Homeowner Affordability and Stability Plan</title>
		<link>http://mileniooscurocomics.com/homeowner-affordability-and-stability-plan/</link>
		<comments>http://mileniooscurocomics.com/homeowner-affordability-and-stability-plan/#comments</comments>
		<pubDate>Sat, 30 May 2009 14:00:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

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I&#8217;ve received a tremendous amount of calls lately, with regards to the Homeowner Affordability and Stability Plan, which is in the works as part of a broad plan to get the economy and housing industry back on track through President Barack Obama, The U.S. Department of the Treasury and Housing and Urban Development&#8217;s broad plan. [...]]]></description>
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		<title>Low Texas Mortgage Rates Stick Around</title>
		<link>http://mileniooscurocomics.com/low-texas-mortgage-rates-stick-around/</link>
		<comments>http://mileniooscurocomics.com/low-texas-mortgage-rates-stick-around/#comments</comments>
		<pubDate>Sat, 30 May 2009 14:00:53 +0000</pubDate>
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Here&#8217;s the latest news on mortgage rates:
According to bankrate.com, the benchmark 30-year, fixed-rate mortgage rose 7 basis points, to 5.41 percent. Our rates at Home Loan Specialists continue to rank better than the national averages . One year ago, the mortgage index was 6.41 percent, so even though rates have inched up, we are still [...]]]></description>
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