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Cost-saving tips

Finance tips for buying a fixer-upper

You may qualify for some alternative financing options when buying a fixer-upper. But while you'll save on the price of the home, you should be prepared to put in a lot of extra elbow grease.

..............................................................................
Before you shop ...
10 biggest home buying mistakes

Don't fall in these traps.

 
How much home can you afford?

You might be surprised.

 
How to read and understand your credit report
Good credit is your key to getting a good rate.
Plus: 5 ways to improve your credit
   
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Found the one ...
Hiring a home inspector
What you need to know to make a wise choice.
Plus: Home inspection: the hidden horrors
 
What is a down payment?

Your biggest obstacle.
Plus: Buying a home without a down payment
PMI: What it is and how to work around it

 
Lease options offer an alternative

Are you unable to commit to a purchase?

 
Your new mortgage ...
How a mortgage works

This is your guide to understanding the key elements.

 
Avoiding common rate-lock mistakes

Get everything in writing.

 
What is a good faith estimate?

Here's what your lender owes you.
Plus: When good faith estimates go bad

 
Preventing closing day disasters

These tips keep mortgage surprises at bay.

 
Which is better for you: adjustable or fixed?

Here's what these two basic mortgage types will mean to you.

 
Other types of mortgages

We have everything from jumbo to seller financing.

 
6 ways to slash mortgage costs

Keeping the most expensive move you'll make as inexpensive as possible

 
Feeling handy?
Financing a home-remodeling job

Hiring a contractor or doing it yourself, you're going to need money

 
10 remodeling tricks

Low-cost, high-impact upgrades

 
Top do-it-yourself goofs
Avoid these blunders.
   
 

 

-- Posted: July 2, 2003

 

 

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National Mortgage Rates
OVERNIGHT AVERAGES
Rates may include points.
30 yr fixed mtg 5.19%
15 yr fixed mtg 4.72%
5/1 jumbo ARM 4.78%



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