11/20/2009 5:18:00 PM
Rates on 30-year mortgages remain below 5 percent
Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent, down from 4.91 percent last week, the mortgage company ...
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11/18/2009 8:04:00 PM
Affordable Prices draw Investors to Real Estate
Press Release courtesy of MOVE.com Nearly Half of Foreclosure Buyers Seek Investment Property LOS ANGELES, CA (November 11, 2009) -- Affordable prices and foreclosures are attracting investors to the housing markets today, and the number of consumers interested ...
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11/12/2009 9:29:00 PM
HUD ISSUES NEW MORTGAGE RULES TO HELP CONSUMERS SHOP FOR LOWER COST HOME LOANS
WASHINGTON - For the first time in more than 30 years, the U.S. Department of Housing and Urban Development today issued long-anticipated mortgage reforms that will help consumers to shop for the lowest cost mortgage and avoid costly and potentially harmful ...
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11/11/2009 6:41:00 PM
President Obama signed a bill extending the Federal Tax Credit
President Obama today signed a bill extending and expanding the Federal Tax Credit for Home Buyers. The bill passed the U.S. House of Representatives yesterday and the U.S. Senate late Wednesday. The tax credit will be extended through April 30, 2010, with ...
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11/11/2009 6:39:00 PM
Fed leave key rate unchanged
Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting period. Activity in the housing ...
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