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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

Even if more borrowers opted for ARMs in a rising rate environment, stricter underwriting policies for ARMs and laws that keep lenders in check will prevent borrowers from being trapped in loans they could not afford, as occurred in the mid 2000s, said Keith Gumbinger, vice president at HSH Associates.

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5 of today’s biggest real estate myths, busted [INFOGRAPHIC]

Cornerstone

Along with busting these myths, it’s important to work with a skilled, local loan officer every step of the way, who can help you separate fact from fiction. Our free LoanFly app lets you search houses, connect with a local loan officer, prequalify for a mortgage, and manage your loan docs, all in one place.

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The art (and the importance) of pricing your home to sell

Cornerstone

The goal of pricing your home to sell is to enhance visibility and attract more buyers. Rather than getting locked into a negotiation with a single homebuyer, you can price your home to maximize demand so that more buyers are looking. It may actually repel potential buyers. Here’s a local loan officer who can help.

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