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	<title>7 Percent Mortgage</title>
	<link>http://7percentmortgage.com</link>
	<description>Lock it in!</description>
	<lastBuildDate>Mon, 12 Jul 2010 14:33:31 +0000</lastBuildDate>
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		<title>Depreciating the Value of Your Home</title>
		<description><![CDATA[As a real estate investor, you may use your home as your office.  Having part of your home as a business expense can allow you to depreciate some of the improvements to your home office.  The IRS has a depreciation schedule that helps you calculate the exact amount that can be counted toward your taxes.  [...]]]></description>
		<link>http://7percentmortgage.com/2010/07/12/depreciating-the-value-of-your-home/</link>
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		<title>Morty!  What about interest rates?</title>
		<description><![CDATA[A lot of people have been asking me what I think about mortgage interest rates as they sit here in March 2010.  Obviously, I am not going to be able to give you a definitive answer.  That said, a lot of things are working toward interest rates going up.  Not the least of which is [...]]]></description>
		<link>http://7percentmortgage.com/2010/03/23/morty-what-about-interest-rates/</link>
			</item>
	<item>
		<title>2008 US Foreclosure Heat Map</title>
		<description><![CDATA[Here is a great resource put out that shows a heat map of the 2008 US Foreclosure Heat Map. This gives you a good idea where the mortgage and real estate markets have fell apart the most.]]></description>
		<link>http://7percentmortgage.com/2009/01/18/2008-us-foreclosure-heat-map/</link>
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		<title>Mortgage Rates Have Investors Frothing</title>
		<description><![CDATA[Last year I recommended that you stay out of real estate investing.  If you did that and accumulated capital, you should be frothing at the mouth at some of the deals out there.  Mortgage rates for those of you with good credit can be found today at 5%, with an average of around 5.3% and [...]]]></description>
		<link>http://7percentmortgage.com/2008/12/29/mortgage-rates-have-investors-frothing/</link>
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		<title>Mortgage Rates Looking Good, Could Head Lower</title>
		<description><![CDATA[Boy mortgage rates could become extremely attractive if the government bails out banks from their bad debt.  With this happening along with the support of Fannie Mae and Freddie Mac, the mortgage markets could begin to reflect some of the lower interest rates out there.  We&#8217;ve seen rates come off over 10% in the past [...]]]></description>
		<link>http://7percentmortgage.com/2008/09/21/mortgage-rates-looking-good-could-head-lower/</link>
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		<title>Mortgage Rates Edge Down</title>
		<description><![CDATA[Mortgage rates edged down over the long weekend with the 30-year fixed rate mortgage average slipping to near 6.25%.  The jumbo and the 15-year fixed also edged down over the holiday weekend.  As I mentioned previously, any ability to grab a mortgage when the national average is near 6% was a great opportunity.  As things [...]]]></description>
		<link>http://7percentmortgage.com/2008/09/02/mortgage-rates-edge-down/</link>
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		<title>Fannie and Freddie Secure Funding</title>
		<description><![CDATA[Government sponsored entities Fannie Mae and Freddie Mac got a much needed boost today when they announced that they had sold $2 billion in short term loans.  This should allow the two companies to continue to guarantee new loans and make money.  Without the selling of debt, the two firms would remain in serious trouble [...]]]></description>
		<link>http://7percentmortgage.com/2008/08/26/fannie-and-freddie-secure-funding/</link>
			</item>
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		<title>Mortgage Rates End Week Up</title>
		<description><![CDATA[Last week, mortgage rates ended up slightly with the 30 year fixed mortgage rates up 6 basis points to 6.39% and the 15 year fixed rate mortgage up 9 basis points to 5.95%.  Some stability is coming back to the market and many believe that US interest rates will be going up to help curtail [...]]]></description>
		<link>http://7percentmortgage.com/2008/07/28/mortgage-rates-end-week-up/</link>
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		<title>Agency Mortgage Bonds Look Attractive</title>
		<description><![CDATA[While the solvency of mortgage bond originators and large holders is/has been called into question lately, it seems as if the mortgage bond market is beginning to shore up.  This is a good sign for real estate investors and with some confirmation may signify the overall bottom in the macro real estate markets.  The well [...]]]></description>
		<link>http://7percentmortgage.com/2008/07/21/agency-mortgage-bonds-look-attractive/</link>
			</item>
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		<title>Why Uncle Sam&#8217;s Bailout Helps Mortgage Holders</title>
		<description><![CDATA[So Uncle Sam is going to move to save Fannie Mae and Freddie Mac.  Super, sounds like another instance of an &#8220;avoided failure&#8221; among financial institutions.  But everyone seems to be wondering, isn&#8217;t failure supposed to happen in market economies?  Something of a moral hazard issue. At least that&#8217;s what we hear.  In general, despite [...]]]></description>
		<link>http://7percentmortgage.com/2008/07/15/why-uncle-sams-bailout-helps-mortgage-holders/</link>
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