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Title: Four Ideas for Home Buyers and Sellers in Michigan
Category: NA
Blog Entry: 1 . For some people, managing the mortgage is as simple as preparing and following a monthly budget. For others, the bills are behind and the pressure is unbearable. Solving debt problems can feel like finding your way in the dark, but it doesn't have to. The Web Site, http://www.holdontoyourhome.org/ is designed to give people all of the information one needs to deal with such a personal situation.  Thanks to the vision and commitment of the City of Lansing and The Ingham County Treasurers Office, this site and any resources referred to in this site are free. 2. Lydia Burtraw from Countrywide Home Loans informs me that the Michigan State Housing Development Authority has announced a rate DECREASE for it's Single Family Program, effective 11-5-07.     Interest Rate DECREASE Effective Monday, November 05, 2007 Effective for all loan reservations received on or after Monday, November 05, 2007, the interest rates for the MSHDA Single Family Loan Program will be as follows:         Statewide Fixed NO DPA - (FHA, VA, Conventional & RD) - Fixed Rate - 30-year term             5.375%  - No Discount Points - One percent (1%) origination fee         Statewide Fixed WITH DPA - (FHA, RD & Conventional 97%) - Fixed Rate - 30-year term             5.750% - No Discount Points - One percent (1%) origination fee (FYI: DPA = Down Payment Assistance program, additional restrictions apply) 3. Looking for another great place to learn about mortgages? Visit Don Grimes site for tons information on home buying and mortgages. 4. Visit My site often and study the links available on home buying and selling in the greater Lansing area.