A home loan not only lets you get into a house for you or your family-it’s also an essential part of your financial security. When your home appreciates in value it adds to your net worth. Many homeowners will later refinance their property to take cash out.
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This story was originally broadcast on Jan. 27, 2008. It was updated on May 23, 2008. Since last summer, Americans have seen their investments shrink and their property values plummet. At the.
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But, as the FHFA noted earlier Tuesday, home prices are still on the rise, which necessitates a third straight yearly increase in the conforming loan limit. He is a graduate of University of North.
Kathleen Moran. Associate at a leading Mortgage Lender. Dallas, Texas. Financial Services. Supreme Lending. ICMC. Texas A&M University. Company Website.