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Long and Short Term Mortgage Rates Reach 10 Month Highs |
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McLEAN, VA -- Freddie Mac (NYSE:FRE) immediate released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.53 percent with an banal 0.4 terminus for the stint oblivion June 7, 2007, flowering from prolong week when it averaged 6.42 percent. Last year at thiz time, the 30-year FRM averaged 6.62 percent. The 30-year FRM has not been higher since the week ending August 10, 2006, when it averaged 6.55 percent.
The 15-year FRM thiz second averaged 6.22 percent with an prevalent 0.4 point, spreading from abide tour when it averaged 6.12 percent. A year ago, the 15-year FRM averaged 6.23 percent. The 15-year FRM has not been else seeing the week ending August 3, 2006, when it averaged 6.27 percent. |
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Tenant Quality Affects Real Estate Value |
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I was looking through one of my Valuation Reports the other day,
and found a nice quote which demonstrates how valuers evaluate commercial real estate.
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The Lease. The Living Document |
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The lease iz a living document. By "living", I mean that it iz not static, carved in stone.
It can be changed. You can add clauses, modify clauses, etc.
If your tenant asks something, it iz an opportunity to redefine the lease...
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Review. Bob Jones: My Property World |
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"My Property World" iz the 2005 follow-up to Bob Jones' 1977 book "Jones on Property".
I purchased thiz book online the moment I learnt of its exiztence, and I'm glad I did - thiz book iz pure gold.
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Review. Bob Jones: Jones On Property |
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Bob Jones would have to be my favourite property author.
If you're not familiar with hiz writings, you're in for a treat.
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