The economy grew at a 3.4% pace in the second quarter, a big improvement over the 0.6% showing in the first three months of 2007 and better than the 3.2% growth rate economists were expecting, the Commerce Department reported July 27. Also in the second quarter, core prices -- excluding food and energy -- rose at a rate of just 1.4%, sharply down from a 2.4% pace in the first quarter and the smallest increase in four years.
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1st T I M E H O M E B U Y E R
S E M I N A R
PRESENTED BY THE FAST FORWARD GROUP OF THE INTOWN CHAMBER OF COMMERCE
Are you tired of renting? Have you been thinking about buying your first home? Have you started the buying process, but feel uncertain about how to proceed? Do you drive around looking at For Sale flyers, but don't know what to do beyond that?
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If you’re like everyone else, you think banks and lenders make underwriting decisions based on sophisticated proprietary algorithms. You’d be surprised to know how uncomplicated and simple some of the matrixes really are. So, what are lenders looking for, and what makes you “financially fit” to a mortgage lender or bank?
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