Daily Archive: July 6, 2010

Jul
06

What Good is an Extension without a Loan Approval?

The deadline for “tax credit” homebuyers waiting to close on June 30 has been extended to September 30. Not only is the extension great news, but interest rates have fallen over .375-.50% since the end of April according to Freddie Mac. This could effectively reduce a buyer’s monthly payment over $600-800 a year on a …

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