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 Does a landlord have the right to call at the last second and say they are?
Coming to go thru the house to check on it? The gave my boyfriend about 8 hours warning that they coming.... do they have the right to go thru the house like that?
Additional Details
Its ...


 Should we make our initial offer over the asking price?
My wife and I are going to make an offer on a bank owned (foreclosure) home. It is a nice 3 bedroom ranch with a full partially-finished basement, hardwood floors, pool, etc. It's in a ...


 Can someone tell me where i stand with my landlord going to court to get me evicted?
on mytenancy agreement it states who my landlord is but does not provide me with his address or phone number. my tenancy agreement ended on 7th january but i have not found anywhere else to stay as ...


 Going to view a house tomorrow bit of advice?
We have been renting a flat since last May. It was fine through the summer, but since winter has come we have found it to be very draughty and cold. We are wanting to get a mortgage on a house ...


 Does my landlady have the right to sell the house when we are only 3mnths into a 6mnth tenency?
i have 2 small children and we have just moved into a rented house 3mnths ago, the landlady said she was not looking to sell in the near future and we signed a 6mnth tenency agreement.
a few ...


 The house i'm renting is in foreclosure if I stop paying rent can I appeal a eviction if he files one.florida?
I feel as a renter if the owner is not trying to resolve the debt owed he knowingly is breaking the rental agreement between us not allowing my family and self to stay for the duration of ...


 Less than 30 day notice - tenant?
I live in MA. Tenant agreement states 30 day written notice (min). I received an e-mail on the 5th instead of the 1st of Jan '09. Are they responsible for Jan & Feb?
Additional D...


 Do They Have The Right to Raise my Rent?
I'm from CA and have been living in a Townhouse since last July. During my first year, the complex that I stay in has changed ownership. Yesterday, I got a letter from the manager saying that ...


 I would like to start buying houses to rehab & sell or rent.?
What is the best way to get started doing this with less than perfect credit?...


 Rent A Center a viable option?
I have sub par credit (still a work in progress) but really need new bedroom furniture. I know RAC doesn't exactly give you a great deal, but what is a guy to do if he doesn't have several ...


 I have lost my house deeds where can i get them from so i can sell my house?
iv had my house 37 years now i want to sell but cant find my title deeds can i get some ...


 I have a prospective tenant who is claiming benefits, is this a potential problem for me?
I´m a UK landlord looking for a tenant, one interested chap says he is claiming benefits but can provide good references. Is this a bad situation and I should avoid him? or is he just the same as ...


 We are in the process of looking for a house to buy. We have found?
2 homes we really like. My question is, what would you do. The 1st home is in one of teh best areas in town but really ugly and the 2nd home is in a moderatly good area but very pretty. How do you ...


 Is it discrimination ....?
Is this discrimination???? I know someone who recently became a landlord, but refuses to rent to friends or relatives even though they have excellent credit and previous rental references. (never ...


 Is this house payment a good one?
We are under a contract for a house we just bought... well almost, our settlement date is the 26th of September. We are getting all the inspections done. We bought the house for $78,000 with $4,000 ...


 UK landlord question??
Our landlord has "served notice". He wants us evicted.

The letting agent came round to do a three month house inspetion. She said there was no problem with condition of house. L...


 What is negotiable after a sale price has been agreed upon?
Both parties have agreed to the inital sale price. A home inspection has occurred. The buyer is now asking for an additional reduction in the price....


 How much do you pay for rent?
what type of establishment is it (apt, condo, house, etc) & in what town? Do you think it's a deal or a rip off? Just curious! I live in a 1-bedroom apt in milwaukee-area wisconsin & ...


 If you were renting a room would you give the deposit back to the person after renting?
it for a month or when the person leaves the rented ...


 What would you do if you were a landlord and you found out one of your tenants was...?
...sticking her rent checks between her buttocks before handing them in to you?

Is this a form of sexual harassment?...



LostKoss
Is 7.625 a decent rate? Historically?
I've been offered a mortgage for a 30 year fixed rate of 7.625 on a conforming level2 fannie mae loan with 20% down. Fico score is at 616.Looking at 120k home.
(Midwestern homes are still affordable.)

Does this sound reasonable ?
Any input is appreciated.
Additional Details
I am aware that the prime rate does not directly affect mortgages and that a .25% rate decrease has been priced into the market before they actually lowered it by .50%. There might be a little bit more room for rates to go down, but I doubt it will get much lower.

I'm in Milwaukee WI for anyone that thinks location matters.

I am basically asking how the rate compares historically.

Thanks for all the input
                     
 




Carolinahomerates.com
Rating
you should get a rate of 7% or lower!


Mortgagemom
Considering it's a level 2 approval, that is a good rate.

PS - long term mortgage rates are NOT tied to prime, so don't expect a lower rate just because prime went down.


djtfn
7.625% is good if you are getting 100% loan. You should get around 6.875% if you put now 20% with no points.


Paulette
Rating
Go FHA, and today's rates are 6% for a 30 year fixed.

DO NOT go with a level 2 when you can save almost 2 percent. On a Hundred thousand dollar mortgage, the
Principle and interest payment (P&I) would be $707.79, that same amount with 6% would be $599.55. That being a savings of $108.24 per month or $39,000. savings over the life of the mortgage.

FHA only equires 3% down or $3600. plus closing costs on your $120,000. mortgage.


curmudgeon
it's about middle. since interest rates were lowered yesterday, you may want to go back to the mortgage company and see if you can get a lower rate.


dunkadog8
I would check with several banks and mortgage companies and see what they have to offer you. You may not need to put down such a big downpayment, and you can use that money for things you will need in your house. the mortgage market has really got tight lately with all of the people facing forclosure and many mortgage companies have gone out of business. Best to get a fixed rate mortgage so you know exactly what you will be paying each month. The only thing that will change is the amount of taxes you have to pay overtime.


asjrb
Rating
The rate varies based on what part of the country you live in. For instance, it will be lower in NJ, NY area because home prices are higher. The same applies for west coast.
You need someone from your area to help you out.


richard t
Rating
was tHis before or after the fed cut rates by 1/2 ?


stockoslayer
Rating
This sounds a little high, but not out of this world. Check the internet for the best rates. You can just go to Yahoo and type in best mortgage rates. Look for 3rd party reporting, not advertisements.

I got a 15 year mortgage for $300,000 at 4.75% apr just 3 years ago. 800 credit score.


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