Mortgage applications, a future gauge of home buying, had a sharp jump as more consumers rushed to take advantage of low interest rates, the Mortgage Bankers Association reports.
For the week ending D...
Dec 08, 2011
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Loans owned or guaranteed by Fannie Mae and Freddie Mac save homeowners thousands in interest payments. Image: Image Source/Getty Images
If all you read is the headlines, you might think mortgage mar...
Nov 16, 2011
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The Senate voted on Thursday to attach a proposal to a spending bill that could restore the size of loans the government buys or insures to a maximum mortgage amount of $729,750 in many markets.
The h...
Oct 24, 2011
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With distressed properties accounting for 30 percent of existing-home sales, more real estate professionals are finding a growing part of their job is offering struggling home owners “cash for ke...
Oct 24, 2011
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Mortgage rate averages moved very little this week, continuing to hover near 60-year lows, Freddie Mac reports in its weekly mortgage market survey.
“Mortgage rates remained relatively unchan...
Oct 23, 2011
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