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Bank Equity Home Loan Mortgage News

Paperwork you need to get a home mortgage

Do you have strong credit? You'll still need to jump through hoops to secure a home loan.

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More People Going With 15-Year Home Loan

CLEAR LAKE, IA - People looking to buy a home or refinance an existing mortgage are opting for a shorter loan. During the first six months of 2010, 26 percent of homeowners who refinanced chose a 15-year fixed rate mortgage. That's compared to just 18.5 percent in all of 2009.

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Panel examining recession's causes meets in Vegas

Nevada had unrealistic growth expectations before the nation's financial meltdown battered the state's tourism industry and erased billions of dollars in real estate equity, an economist told a federal commission examining the causes of the Great Recession.

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