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	<title>Palm Springs Real Estate &#187; Points</title>
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	<description>Ed Brophy, REALTOR®</description>
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		<title>APR (Annual Percentage Rate) Is A Poor Judge Of A Loan</title>
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		<pubDate>Tue, 04 May 2010 13:15:26 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
				<category><![CDATA[Points]]></category>
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		<description><![CDATA[Annual Percentage Rate, or APR, is a legal requirement that mortgage lenders must disclose on “Truth In Lending” statement.  It is not a useful way for the consumer to measure the cost of a mortgage. It is supposed to be a way for lenders to express their closing costs in terms of a percentage. The [...]]]></description>
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		<title>To Pay or Not To Pay, Points That Is</title>
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		<pubDate>Mon, 19 Apr 2010 12:47:38 +0000</pubDate>
		<dc:creator>Ed Brophy</dc:creator>
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		<category><![CDATA[Points]]></category>
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		<description><![CDATA[When shopping for a mortgage the first sentence out of the mouths of most clients is &#8220;I don&#8217;t want to pay points!&#8221;  Points are a dirty word in my business but, they&#8217;re not the evil many people believe them to be, in fact they&#8217;re no different than the commission you pay a Realtor to sell [...]]]></description>
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