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Property taxes are one of the main sources of revenue for local governments and they are based on the value of your property and millage rate. The millage rate is the tax rate per $1000 of assessed value, and it is set by the county and school board every year. The millage rate is based …
The following are some highlights taken directly from the 10Q report for Fannie Mae’s quarter ending September 30, 2023. Please visit www.fanniemae.com for the full report and more detailed information. Single Family Mortgage Market Origination Housing activity decreased in the third quarter of 2023 compared with the second quarter of 2023. The 30-year fixed mortgage …
First, let’s define Title Insurance. Title Insurance is a policy that protects property owners and lenders from financial loss due to defects in a property’s title. These defects could include undisclosed heirs, outstanding liens, or errors in public records. Title insurance ensures that the buyer or lender has a clear and marketable title, providing peace …