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FACT SHEET: U.S. Treasury Department Office of Public Affairs releases Examples of How the Economic Growth Act of 2008 will Benefit Americans
See how the stimulus package will impact you...
From the Desk of Tom Carmody
Chairman of AHAA
“Housing Hits Trifecta of Bad News”
I certainly am aware that we are the midst of the worst housing situation in America since the early ‘90s, and one that may be the worst since the depression era. USA Today highlighted the problems on the front page of its Money section: high foreclosure rates, falling prices and vacant homes. Miami leads the way in falling prices, Nevada in foreclosures and vacant homes for sale across the nation are 800,000 than would be the case in a normal market. Most every market has suffered, and will continue to do so it seems.
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Introducing AHAA's most recent feature:
Practical information and advice for homeowners! Learn more...
Legislative Action Center
Congress set to modernize FHA
Congress holds the key to helping hundreds of thousands of homebuyers.
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Latest Mortgage Rates
There are three key variables in determining your monthly mortgage payment (the monthly amount you have to pay the bank on the loan for the house), the amount of the loan, the number of years you are borrowing the loan and the interest rate the lender charges for the loan. Using our Mortgage Calculator, you can plug in all that information to get a sense of your payment. Feel free to use the rates listed below in your calculations. These rates are updated regularly, but remember, they are based a national average. Some lenders may charge a higher rate and others may charge a lower rate. That is a local decision. Nevertheless, with the information on this page, you will at least be informed about how your lender compares with the national average.