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Mortgage News for Tuesday - February 7, 2006

More Mortgage News
• Refinance Mortgage Cash Out Close To 6 Year High
• Real estate bubble, toil and trouble
• No letup in '06 for commercial real estate
• Real Estate Agents Have a Mixed Blessing with Surging Home Prices
• Report Says Brooklyn Real Estate Prices Skyrocketed In 2005
• Mortgage lenders exclusively targetting professionals
Mortgage News
Report Says Brooklyn Real Estate Prices Skyrocketed In 2005 - 2006-02-07
A new report indicates prices in many neighborhoods in Brooklyn are surging. The Real Estate Board of New York unveiled its first-ever Residential Sales Report Tuesday on 2005 real estate prices in the borough showing the average price of an apartment in Brooklyn is 35 percent higher from 2004. The most expensive neighborhood to purchase an apartment, with the average place going for $1.2 million.
Read the full story at NY1
 
Mortgage lenders exclusively targetting professionals - 2006-02-07
More mortgage lenders are creating products designed exclusively to benefit highly paid professionals. Broker My Mortgage Direct is able to advise professionals looking for buying and remortgage deals on products that are not available on the High Street. The reason is professional higher rate taxpayers are in a position to take full advantage of certain types of mortgage products over those paying basic or lower rate tax.
Read the full story at Easier
 






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