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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With interest rates being so low, mortgage applications for refinancing and home purchases increased due to more home owners and buyers wanting to take advantage of these rates.
According to the Mortg...
Nov 08, 2011
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More lenders are scrutinizing mortgage applications since the financial crisis fallout, which has triggered fears of borrowers who will default or walk-away from their mortgage or mortgage fraud.
Her...
Nov 08, 2011
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According to a tally by Bloomberg News, faulty mortgages and foreclosure abuses have cost America’s five biggest home lenders over $65.7 billion. Newer findings reveal it may be twice that. Paul Mil...
Oct 09, 2011
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For the third straight week, fixed-rate mortgages inched down, reaching new lows. The 30-year fixed-rate mortgage averaged a record low of 4.01 percent this week while the 15-year fixed-rate set a ...
Oct 02, 2011
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