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After dropping to fresh lows following last week’s Fed announcement, mortgage rates gave back some of their gains this week and ended a little higher. Reduced investor concerns about Europe added to the upward pressure on mortgage rates as well. When financial markets experience large price changes in a short period of time, it’s common...
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Did you know that we are a wholesale mortgage lender? What that means is that you get a lower rate with us than if you walked in to a typical retail bank. We consistently have better rates than Bank of America, Wells Fargo and Citibank. So shop around but make sure...
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Home prices continue to stabilize even though the banks seem to be tripping over themselves in dealing with this foreclosure mess we all seem to be in.  But the banks are going to navigate their way through this mess and the foreclosure pipeline will dwindle away.  Expect that to take some time. My guess is...
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Find a home for under $10,000, call today. A recent purchase is great to the buyer but bad news for the lender. On October 2006, someone buys a home for $100,000 and takes on a mortgage of about $95,000.  The buyer cannot afford the payments and the home goes into foreclosure.  So far this is pretty normal. ...
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Call us today and get on the path to financial freedom.
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Many companies now require credit scores starting at 640.  We go as low as 580!  But what happens when a client is below 580.  We offer FREE credit repair to potential homebuyers.  We can instruct your clients on how to increase their credit score and be able to qualify for a mortgage.  With a predetermined...
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To family and friends to clients new and old, Merry Christmas!  I hope Santa found you the dream home!  If not, give me a call next week and I’ll have a real estate agent find it for you.  Also, have a great and safe New Years!
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Oh my god (for those of you that have used computers for way too long thats, OMG), I’m starting a blog.  Sounds kind of nasty actually.  BLOG.  Gesundheit! Well, this my first post to my BLOG and I’m not quit sure of what to say.  I’ll start by saying that I will longer be using the...
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American Federal Financial Services, Inc. was founded in June, 1993.  Starting out in business in the great state of Illinois, we have become on expert on the financing needs of our Chicagoland neighbors.  Now licensed in Florida! From picking out the right loan program to determining your property value, we are experts on getting you...
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