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Mortgage rates dip slightly, back to near record, Freddie Mac says
Fixed mortgage rates eased slightly this week, with lenders offering 30-year loans to solid borrowers at an average interest rate of 3.32%, down from 3.34% last week and near the record low, according to the latest Freddie Mac survey. The big buyer and...
Tags: Mortgages, Real Estate Sales, Money and Monetary Policy, Financial and Business Services, Homes
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Mortgage rates drop: 30-year loan now at 3.32%
Sun SentinelInterest rates on home loans fell this week to near record lows, Freddie Mac reported Thursday. Interest rates on an average 30-year fixed rate slightly dropped to 3.32 percent this week after going up to 3.34 percent the week before. Interest rates...Tags: Money and Monetary Policy, Finance, Economy, Business and Finance
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Mortgage settlement: not enough relief
Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...
Tags: Mortgages, Loans, Barack Obama, Financial and Business Services, Homes
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HUD Secretary Donovan says he can't promise FHA won't need bailout
WASHINGTON -- A top Obama administration official said Thursday that he could not guarantee that efforts to shore up a key government housing agency won't save it from needing a taxpayer bailout next year. But Housing and Urban Development Secretary...
Tags: Mortgages, Real Estate, Parties and Movements, Services and Shopping, Republican Party
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Freddie Mac says typical 30-year mortgage rate up a hair at 3.34%
Mortgage interest rates edged higher from record lows this week, with lenders offering the 30-year fixed loan to solid borrowers at an average of 3.34%, Freddie Mac said in its latest survey. Freddie Mac said the typical rate for a 15-year fixed loan...
Tags: Mortgages, Loans, Money and Monetary Policy, Fannie Mae, Finance
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Streamlined Illinois foreclosure process gains momentum
Abandoned, vacant homes could get pushed through the mortgage foreclosure pipeline and into new owners' hands much faster as a result of legislation passed Wednesday by the Illinois Senate. The bill, which heads to Gov. Pat Quinn, could shorten the...Tags: Pat Quinn, Illinois Governor, Illinois General Assembly, Foreclosures, Fannie Mae
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Mortgage-bond sales at highest level since June 2009
Stoked by government efforts to revive housing, sales of mortgage-backed securities rose in November to the highest level in nearly 3 1/2 years. Nearly $176 billion in bonds backed by fixed-rate home loans were issued in November, up from $132...
Tags: Government, Mortgages, Loans, Finance, Bonds
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Pending home sales match high set in 2007 on job creation, prices
Contracts to buy previously owned homes soared 5.2% in October, reaching a high set more than five years ago. And index of so-called pending sales hit 104.8 last month, the same level reached in March 2007 and an improvement from 99.6 in September....
Tags: Real Estate Sales, Consumer Confidence, Homes, Hurricane Sandy (2012)
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Mortgage rates level off near record low, Freddie Mac says
Mortgage interest rates edged up a hair from their record lows this week, with lenders offering the 30-year fixed loan at an average of 3.32%, Freddie Mac said in its latest survey. Borrowers would have paid an average of 0.8% of the loan amount in...
Tags: Mortgages, Money and Monetary Policy, Finance, Economy, Business and Finance
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Interest rates increase slightly for mortgages, remain near historic lows
Interest rates on home loans nudged upward this week, but remain near new historic lows, Freddie Mac reported Thursday. Interest rates on an average 30-year fixed rate slightly increased to 3.32 this week after setting a record low of 3.31 percent the...
Tags: Money and Monetary Policy, Finance, Economy, Business and Finance
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The SEC, from lapdog to watchdog
WASHINGTON -- In the early days of the Obama administration, I sat in a Capitol Hill hearing room and listened to Harry Markopolos, the whistle-blower in the Bernie Madoff scandal, bemoan the toothless Securities and Exchange Commission. The SEC,...
Tags: Goldman Sachs Group, Inc., Finance, Bank of America Corp., JPMorgan Chase & Co., U.S. Chamber of Commerce
Dec 13, 2012
|Story| Los Angeles Times
Dec 13, 2012
|Story| South Florida Sun-Sentinel
Dec 11, 2012
|Story| Baltimore Sun
Dec 6, 2012
|Story| Los Angeles Times
Dec 6, 2012
|Story| Los Angeles Times
Dec 6, 2012
|Story| South Florida Sun-Sentinel
Dec 6, 2012
|Story| Chicago Tribune
Dec 3, 2012
|Story| Los Angeles Times
Nov 29, 2012
|Story| Los Angeles Times
Nov 29, 2012
|Story| Los Angeles Times
Nov 29, 2012
|Story| South Florida Sun-Sentinel
Nov 28, 2012
|Column| Orlando Sentinel
Original site for Freddie Mac topic gallery.
