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Tax Cut Extension Raising Rates

Tax Cut Extension Now Officially Raising Mortgage Rates Posted to: MND NewsWire Wednesday, January 04, 2012 10:27 AM    As part of the temporary resolution to the recent battle over the Tax Cut Extension  that should foot part of the bill.  Technically, Congress increased the “Guaranty Fees” that Fannie  Mae and Freddie Mac charge to lenders that securitize MBS (Mortgage-Backed-Securities)  with the Agencies, but ultimately, this cost must either be absorbed by lenders, passed on  to consumers, or some combination of the two. From the official release on 12/29/11:    “On Dec. 23, 2011, President Obama signed into…

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Staging Your Property to Sell

At Sedgewick Homes, we’re focused on building your dream home. Of course, it’s hard to focus on enjoying your new space when your previous house is still on the market. Not only can proper staging help sell your home faster…

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3 Money-Saving Tips for New Homeowners

The wait is over! You have the keys to your new house and you’re anxious to start making it home. Of course, building a home isn’t cheap. Neither is furnishing one. If you’re feeling overstretched, give your credit card a…

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