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Fixed Mortgage Rates Jump to Highest Level in Nearly Eight Months

The 15-year FRM this week averaged 5.93 percent with an average 0.6 point, up from last week when it averaged 5.65 percent. A year ago at this time, the 15-year FRM averaged 6.43 percent. The last time the 15-year FRM was higher was the week ending October 25, 2007, when it averaged 5.99 percent.

Ask Dr. Real Estate: Are You Sure This Is How Donald Trump Got Started?

Question: Several years ago my wife and I decided to buy a rental property. Since real estate is my profession, we thought it would make sense to have some real estate as part of our long term investment program. We got a good buy on a little single family home (with great owner financing) in a nice area of town.

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Question: After our marriage, my husband was approved for a home loan in which he is the only borrower. After finding the house, my husband wanted to have my name on the title also, but the lender wanted me to submit my passport and permanent resident card (I"m not a citizen yet). However, my passport was expired because it has not been used since I had a permanent resident card. I need to wait for a passport renewal.

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