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    <title><![CDATA[Go Banking Rates: Mortgage]]></title>
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    <description><![CDATA[The latest mortgage information, rates and news]]></description>
    <pubDate>Fri, 20 Nov 2009 15:22:46 -0600</pubDate>
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      <title><![CDATA[Communities Taking Advantage of Foreclosed Homes]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/flipping-houses-into-public-housing/</link>
      <description><![CDATA[
The housing market has been in a lot of trouble since it crashed in 2008. With millions of workers losing their jobs and homeowners going into foreclosure at every turn, many neighborhoods were left all but vacant.
The government responded to the trouble...]]></description>
      <pubDate>Tue, 17 Nov 2009 07:30:46 -0600</pubDate>
    </item>
    <item>
      <title><![CDATA[Mortgage Refinancing for Savings]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/-refinancing-to-save-on-your-mortgage-/</link>
      <description><![CDATA[Despite buying a new home and securing a decent mortgage rate of 6.125 (traditional 30-year fixed) in October of 2008, homeowner Janice decided the time was right for her to refinance in February in 2009.
The result was a new rate of 4.875% (same terms as...]]></description>
      <pubDate>Thu, 12 Nov 2009 16:12:40 -0600</pubDate>
    </item>
    <item>
      <title><![CDATA[Fannie Mae is Offering Rental Options to Owners in Foreclosure]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/fannie-mae-offering-rental-options-to-owners-in-foreclosure/</link>
      <description><![CDATA[Homeowners in foreclosure may be able to take advantage of a special program Fannie Mae is initiating to help its customers to stay in their homes by renting. Known as the "Deed for Lease" program, homeowners who don't qualify for loan modifications are allowed to transfer their property to Fannie Mae in exchange for a lease.]]></description>
      <pubDate>Tue, 10 Nov 2009 07:00:44 -0600</pubDate>
    </item>
    <item>
      <title><![CDATA[First-Time Homebuyer Credit May Receive Much-Anticipated Extension]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/first-time-homebuyer-credit-may-receive-much-anticipated-extension/</link>
      <description><![CDATA[Those who have yet to take advantage of the hefty $8,000 First-Time Homebuyer Credit may have more time than they think to get in on the action.]]></description>
      <pubDate>Wed, 04 Nov 2009 07:00:16 -0600</pubDate>
    </item>
    <item>
      <title><![CDATA[Mortgage Demand Drops Again ... Why?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/mortgage-demand-drops-again-why/</link>
      <description><![CDATA[Seasonally-adjusted mortgage applications dropped 12.3 percent in the week ending Oct. 23, 2009 from the week prior while refinancing applications dropped 16.2 percent, according to the Mortgage Bankers Association (MBA). These numbers have dropped for several weeks - right alongside mortgage interest rates (30-year fixed mortgages are roughly 5.03 percent). This makes you wonder why the demand for homes is dropping if the interest rates are so attractive.]]></description>
      <pubDate>Fri, 30 Oct 2009 07:00:57 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Distressed Homes in Default]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/distressed-homes-in-default/</link>
      <description><![CDATA[Learn more about buying distressed homes that owners have defaulted on.]]></description>
      <pubDate>Mon, 26 Oct 2009 10:23:40 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Home Prices Forecast to Shrink 11%]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/home-prices-forecast-to-shrink-11/</link>
      <description><![CDATA[While home prices have managed to drop considerably over the past year, they are expected to drop even further. According to the financial and analysis firm, Fiserv, the overall national median price is forecast to drop by as much as 11.3 percent by June 30, 2010 in 342 out of 381 markets.]]></description>
      <pubDate>Mon, 26 Oct 2009 09:19:55 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[More Foreclosures On the Horizon, Mortgage Modification Programs Struggle]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/more-foreclosures-on-the-horizon-mortgage-modification-programs-struggle/</link>
      <description><![CDATA[According to the Mortgage Bankers Association (MBA), foreclosures continue to soar while mortgage modification programs set up to help homeowners in trouble struggle to keep up. Currently, several million homeowners are either in loan default or nearing foreclosure. And thanks to consistent layoffs, more problem mortgages are likely to find their way back in lenders' hands to manage in the coming months.]]></description>
      <pubDate>Mon, 19 Oct 2009 08:28:40 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[ARM Grip Squeezes Struggling Homeowners]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/arm-grip-squeezes-struggling-homeowners/</link>
      <description><![CDATA[Back in the real estate "boom" days, using an adjustable rate mortgage seemed like a clever idea. Those looking for the lowest interest rates possible and even those who planned on only owning their home until the ARM's readjustment period were all willin...]]></description>
      <pubDate>Tue, 13 Oct 2009 08:41:45 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Millions of Taxpayers Face Oct. 15 Extension Deadline]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/millions-of-taxpayers-face-oct-15-extension-deadline/</link>
      <description><![CDATA[If you filed an extension for your taxes back in April, your extension deadline has rolled around. You and approximately 10 million others will have to file your taxes by Thursday, October 15, 2009 to avoid penalties.]]></description>
      <pubDate>Tue, 13 Oct 2009 07:00:23 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[ Is Home Equity Down?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/is-home-equity-down/</link>
      <description><![CDATA[For decades consumers have believed that owning your own home is the way to build independent wealth. The efforts of buying a home, remodeling to upgrade, and making timely mortgage payments was supposed to result in the eventual increase in home values and more financial gains for the homeowner in question.]]></description>
      <pubDate>Mon, 12 Oct 2009 08:46:45 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Understanding Points in Mortgages]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/understanding-points-in-mortgages/</link>
      <description><![CDATA[Nothing says safety and security like home. Buying and owning and maintaining a home is central to the American Dream, and just about everyone wants, at some point, to own one. It's clearly the ideal place to settle down and raise a family. Given the curr...]]></description>
      <pubDate>Mon, 12 Oct 2009 08:40:50 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Adjustable Rate Mortgage Can Be a Lifelong Commitment]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/consumers-may-find-that-an-adjustable-rate-mortgage-is-a-lifelong-committment/</link>
      <description><![CDATA[The perfect storm of economic chaos is creating the best buyer's market for home shoppers in ages. People can find exactly what they want at bargain basement prices and mortgage rates at historic lows. 
Even lower than the rates for traditional fixed rate...]]></description>
      <pubDate>Mon, 12 Oct 2009 08:33:25 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Defining Interest-Only and Pay Option Adjustable Rate Mortgages]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/interest-only-and-pay-option-arms-/</link>
      <description><![CDATA[Mortgages are a fantastic way for individuals to fund the purchase of the home of their dreams. When responsible individuals save up enough for a down payment and decide to take the plunge into home ownership, they will then be provided with the task of r...]]></description>
      <pubDate>Mon, 12 Oct 2009 08:29:40 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Three Things You Should Do before Buying That Home]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/first-time-home-buyers-due-diligence-is-the-responsibility-of-the-home-buyer/</link>
      <description><![CDATA[If after weighing all the pros and cons, you want to take the plunge and become a first time home buyer, congratulations on your decision! 
After making sure you have the down payment and are pre-qualified for a mortgage, the fun process of house hunting ...]]></description>
      <pubDate>Sun, 11 Oct 2009 03:25:26 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[ Approaching Homeowners Before Foreclosure]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/approaching-homeowners-before-foreclosure/</link>
      <description><![CDATA[Buying a foreclosed property that is already bank owned is one of the easiest decisions to make. The prices are often below market, there are no truly complicated matters you will have to deal with as the original owner has already moved.]]></description>
      <pubDate>Sat, 10 Oct 2009 07:00:14 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Can You Really Afford a New Home?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/first-time-home-buyers-does-your-budget-allow-it/</link>
      <description><![CDATA[For most people, buying a home is probably the biggest financial undertaking they will ever undertake. 
Before raising a finger to look for the appropriate financing, first time home buyers really need to take the time to review their finances and see how...]]></description>
      <pubDate>Sat, 10 Oct 2009 03:19:19 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is No-Appraisal Refinancing?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/refinance/no-appraisal-refinancing/</link>
      <description><![CDATA[People are spending less, saving more, and always on the lookout for ways to cut costs or take advantage of offers and opportunities that could help them save or earn even more money. After all, there's hardly a single American these days who can claim ab...]]></description>
      <pubDate>Fri, 09 Oct 2009 08:45:43 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Two Steps To Saving for Your First Home]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/first-time-home-buyers-saving-to-buy-a-home/</link>
      <description><![CDATA[Making the decision to buy a home can happen at any time. The choice can be triggered by the last fight with your landlord or it can be fueled by the desire to decorate your home without limitation. 
However, the journey from Point A to Point B can be a l...]]></description>
      <pubDate>Fri, 09 Oct 2009 03:12:40 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Where Can I Find Refinance Calculators?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/refinance/where-can-i-find-refinance-calculators/</link>
      <description><![CDATA[Are you thinking about refinancing your mortgage loan? You are not alone -- the two most chaotic sectors of the American economy are the real estate market and the banking and financial services sector, and one point where they intersect quite prominently...]]></description>
      <pubDate>Thu, 08 Oct 2009 15:59:42 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What Are MLS Listings?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-are-mls-listing/</link>
      <description><![CDATA[Looking for a home to buy has never been more enticing. Prices are rock bottom, mortgage rates are low, there is government incentive money for first time home buyers and modern technology can make the whole process a breeze. 
Home buyers can easily resea...]]></description>
      <pubDate>Thu, 08 Oct 2009 15:31:39 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What Are Trust Deeds?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/trust-deeds/</link>
      <description><![CDATA[There are literally hundreds of numbers of terms that are specific to the sale of real estate. 
If you're a prospective home buyer, you're probably a little -- or a lot -- overwhelmed by it all. From brokers to loans to banks and paper work, you're encoun...]]></description>
      <pubDate>Thu, 08 Oct 2009 14:55:46 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is Probate Real Estate?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-is-probate-real-estate/</link>
      <description><![CDATA[Many people may fantasize about a long lost relative dying and learning that they have been named in the will as a sole heir. 
But the reality is many people do not even have a will made up decreeing who will get what. 
In cases such as that, the estate e...]]></description>
      <pubDate>Thu, 08 Oct 2009 13:38:48 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[First Time Home Buyers: When Should You Buy a House?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/first-time-home-buyers-when-you-should-or-shouldnt-buy-a-house/</link>
      <description><![CDATA[Consumers everywhere are being bombarded with information declaring that this is the best time ever to buy a home. Because of government cash incentives for first time home buyers, historically low interest rates, decreasing home prices and the plethora o...]]></description>
      <pubDate>Thu, 08 Oct 2009 13:10:15 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Mortgage Rates Drop Again]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/mortgage-rates-drop-again/</link>
      <description><![CDATA[Home shoppers who are interested in making the big purchase before the end of the year are getting another opportunity to finance their new home at extremely low mortgage rates. Recent reports indicate that for the first time in four months interest rates on traditional 30-year home loans once against dipped below the 5% point. Although the drop is significant, it still does not beat the ultimate low that happened earlier this year (2009).]]></description>
      <pubDate>Tue, 06 Oct 2009 07:00:35 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Tax Credit for First-Time Homebuyers Expires Nov. 30th]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/tax-credit-for-first-time-homebuyers-expires-nov-30th/</link>
      <description><![CDATA[If you have yet to take advantage of the tax credit for first-time home buyers, time is running out. The deadline to benefit from the sizable credit of up to $8,000 that was included as a part of the American Recovery and Reinvestment Act is November 30th, 2009.]]></description>
      <pubDate>Mon, 05 Oct 2009 07:00:20 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What are Distressed Properties?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/what-are-distressed-properties/</link>
      <description><![CDATA[The media is abuzz with economic terms that many American's have never of heard of before. 
"Short sales," "REO" and "distressed properties" are all catch-phrases that are being thrown around without clear cut definitions. All three of the words deal with...]]></description>
      <pubDate>Sat, 03 Oct 2009 06:47:33 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What are Hidden Foreclosures?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/what-are-hidden-foreclosures/</link>
      <description><![CDATA[Due to the turn of current events, amazing quality housing is available as foreclosure purchases. There are pre-owned beach front property, luxury high-rises and adorable Craftsman homes that became unaffordable to the previous owner, so the bank had to a...]]></description>
      <pubDate>Fri, 02 Oct 2009 10:58:25 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Can a Foreclosed Home Be an Investment Property?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/should-i-live-in-a-foreclosed-home%2C-or-only-rent-it-out/</link>
      <description><![CDATA[Foreclosed properties are becoming the most popular type of real estate investments people are making. By taking the time and making the effort to buy a foreclosed property, people are able to get huge financial breaks on their property purchases and many...]]></description>
      <pubDate>Fri, 02 Oct 2009 06:42:59 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Can Repairs Be Negotiated in Foreclosure Prices?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/can-necessary-repairs-be-negotiated-in-foreclosure-prices/</link>
      <description><![CDATA[Everyone loves a bargain! Whether it is special, half-price sell or a huge real estate discount courtesy of purchasing a foreclosure, saving money is a thrill. 
Many times, the discount promoted is the only discount offered as a bank's bottom-line cash va...]]></description>
      <pubDate>Thu, 01 Oct 2009 06:36:45 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is Renting to Own?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-is-renting-to-own/</link>
      <description><![CDATA[Renting to own is a way for the working poor to get the necessities they need without paying substantial amounts of cash to get it.]]></description>
      <pubDate>Wed, 30 Sep 2009 16:42:45 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What are Tax Foreclosures?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/what-are-tax-foreclosures/</link>
      <description><![CDATA[Banks do not have a cornerstone on the foreclosure market. The government also gets their share of repossessed property courtesy of tax foreclosures. 
What is a tax foreclosure?
For each house, condo and plot of land, there are property taxes that must be...]]></description>
      <pubDate>Wed, 30 Sep 2009 13:28:18 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[How to Safely Buy a Foreclosed Home]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/-safest-ways-to-buy-foreclosures/</link>
      <description><![CDATA[With so many foreclosures, now may be the perfect time to try to score a deal on a bank-owned property. 
The prices may be lower then the average home value in the neighborhood and mortgage rates are at historic lows. The only silver lining to the economi...]]></description>
      <pubDate>Wed, 30 Sep 2009 10:32:14 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is a Title Company?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-is-a-title-company/</link>
      <description><![CDATA[Before a home is purchased with a mortgage, it must be covered by a title insurance policy from a title company. While it may sound like a foreign concept to the first-time home buyer, it is actually a necessary aspect of the house buying/selling process.]]></description>
      <pubDate>Tue, 29 Sep 2009 07:00:14 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Are Foreclosed Homes Long- or Short-Term Investments?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/are-foreclosed-homes-long-or-short-term-investments/</link>
      <description><![CDATA[Some people buy foreclosed homes for long term strategies and others purchase foreclosed homes as short term investments. 
Consider David and the purchase of his new home in Los Angeles. Last year, he purchased a condo with his wife at what they believed ...]]></description>
      <pubDate>Tue, 29 Sep 2009 05:46:52 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What Are Settlement Costs?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-are-settlement-costs/</link>
      <description><![CDATA[Settlement costs are fees that must be paid in the process of closing a mortgage. What's interesting about these fees is that they vary in price and can be negotiated just as the selling price of the house can be. It is for this reason that it's good to learn as much as you can about them and how the closing process works to get the must bang for your buck out of the deal.]]></description>
      <pubDate>Mon, 28 Sep 2009 09:17:22 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Buying a Foreclosure: Tips on What to Avoid]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/what-to-avoid-when-looking-at-foreclosed-homes/</link>
      <description><![CDATA[Buying a foreclosed home may be an affordable way for first time home buyers to enter the market place. 
Purchasing foreclosed homes can save the new buyer tons of cash! Many times the seller (either a bank or the county) want to make sure they do not los...]]></description>
      <pubDate>Mon, 28 Sep 2009 05:42:28 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[Preparing to Buy a Foreclosed Home]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/foreclosure/how-much-do-i-need-to-buy-a-foreclosed-home/</link>
      <description><![CDATA[Buying a home of any kind requires a sizable down payment, excellent credit to qualify for a mortgage and additional cash for expenses such as closing costs. Consumers should be aware that when purchasing a foreclosed home, they still need to have assets ...]]></description>
      <pubDate>Fri, 25 Sep 2009 15:41:20 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is the Monthly Treasury Average?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/monthly-treasury-average/</link>
      <description><![CDATA[Prospective home buyers -- especially first-timers -- have a lot of learning in front of them. 
The world of real estate and home ownership are filled with complicated and complex terms, names, concepts and general jargon you're never
going to hear anywhe...]]></description>
      <pubDate>Fri, 25 Sep 2009 15:22:14 -0500</pubDate>
    </item>
    <item>
      <title><![CDATA[What is the Federal Housing Administration?]]></title>
      <link>http://www.gobankingrates.com/mortgage-rates/what-is-the-federal-housing-administration/</link>
      <description><![CDATA[Wouldn't it be great if there was a government agency to help stabilize the mortgage market, regulate housing standards and conditions and enable United States residents a home financing system through insurance of mortgage loans? There is and it is calle...]]></description>
      <pubDate>Mon, 21 Sep 2009 05:03:24 -0500</pubDate>
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