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        <title>NAPLES REAL ESTATE VOICE</title>
        <link>http://www.previewnaples.com/blog/mortgage-update/</link>
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            <guid>http://www.previewnaples.com/blog/what-happens-if-my-arm-is-adjusting.html</guid>
            <link>http://www.previewnaples.com/blog/what-happens-if-my-arm-is-adjusting.html</link>
            <author>mel@previewnaples.com (V.K. [Mel] Melhado P.A.)</author>
            <title>WHAT HAPPENS IF MY ARM IS ADJUSTING?</title>
            <description> <![CDATA[ Will Dukes, from Summit Mortgage&nbsp;an affiliate&nbsp;of Downing-Frye Realty, Inc., just put out an interesting article dealing with the&nbsp;ARMs (Adjustible Rate Mortgages) that are ready to adjust. An adjustable rate mortgage is a mortgage loan where the interest rate on the note is periodically adjusted based on a variety of indices. For those&nbsp;who have an&nbsp;ARM, it is worth the read.&nbsp;The 5/1 ARM that my wife and I took out in May of 2005 is now getting ready to adjust accordin... ]]> </description>
            <pubDate>Wed, 24 Feb 2010 13:14:45 -0600</pubDate>
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            <guid>http://www.previewnaples.com/blog/huge-spread-between-15-year-and-30-year-fixed-rate-mortgages.html</guid>
            <link>http://www.previewnaples.com/blog/huge-spread-between-15-year-and-30-year-fixed-rate-mortgages.html</link>
            <author>mel@previewnaples.com (V.K. [Mel] Melhado P.A.)</author>
            <title>HUGE SPREAD BETWEEN 15-YEAR AND 30-YEAR FIXED RATE MORTGAGES.</title>
            <description> <![CDATA[ Will Dukes from Summit Mortgage at Downing-Frye Realty, Inc. wrote a recent article about the spread between the 15-year and 30-year fixed rate mortgages and I found his comments quite interesting.Will basicallty stated that it may well be time to consider a 15-year fixed rate mortgage because the relative discount for reducing the repayment period&nbsp;compared to a 30-year fixed rate mortgage is enormous. Investors are now giving the borrowers a big advantage if they are willing to lock in to ... ]]> </description>
            <pubDate>Sat, 13 Feb 2010 08:26:16 -0600</pubDate>
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            <guid>http://www.previewnaples.com/blog/mortgage-rates-drop-to-record-lows-last-thursday.html</guid>
            <link>http://www.previewnaples.com/blog/mortgage-rates-drop-to-record-lows-last-thursday.html</link>
            <author>mel@previewnaples.com (V.K. [Mel] Melhado P.A.)</author>
            <title>MORTGAGE RATES DROP TO RECORD LOWS LAST THURSDAY</title>
            <description> <![CDATA[ Freddy Mac published rates for a 30-year fixed rate mortgage on Thursday and those rates dropped to a record low of 4.71 percent fueled by a very aggressive government campaign to reduce the cost of borrowing money. The record low is since tracking began back in the early 70s.The interesting thing is to see what happens this coming Spring when the money that the Federal Reserve has been pumping into securities that are mortgage backed runs out. That figure stands at $1.25 trillion and&nbsp; the ... ]]> </description>
            <pubDate>Sun, 06 Dec 2009 10:58:35 -0600</pubDate>
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            <guid>http://www.previewnaples.com/blog/its-a-whole-new-world-out-there.html</guid>
            <link>http://www.previewnaples.com/blog/its-a-whole-new-world-out-there.html</link>
            <author>mel@previewnaples.com (V.K. [Mel] Melhado P.A.)</author>
            <title>IT'S A WHOLE NEW WORLD OUT THERE!</title>
            <description> <![CDATA[ With the tightening of the credit markets and all the added restrictions, it can be a nightmare applying for mortgage refinancing or even for a new mortgage. Like a good scout, you had better be prepared, or you are going to to get totally frustrated and come up empty. There are some things that you will need to pay close attention to.1. Before making application, get rid of as much debt as you possible. A poor debt-to-income ratio will kill the deal before you even get started. Make sure that y... ]]> </description>
            <pubDate>Wed, 25 Feb 2009 21:03:11 -0600</pubDate>
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