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The Foreclosure Report: ‘Unendurable Strain’ From ARM Resets World news story: mortgage requests rise as Rates Near 10-Month Low · The fourth quarter rise lifted the year-on-year rate of increase in labor costs to 2.9 percent, the biggest gain since June 2008, from 2.8 percent in the 12 months through September.A 2/28 ARM was a 30-year mortgage with a teaser rate that would reset after two years, and the new rate would be linked to market rates for the next 28 years. A 3/27 ARM follows a similar pattern.
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A tale of two markets: South Florida home sales up, condos fall Unlike other industries where cash changes hands freely, real estate has few checks on buyers. Trump’s decision could affect home prices in South Florida and other top markets. streams of foreign cash.
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