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CALENDAR   Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...


Ahead of the Bell: Luminent Mortgage (AP via Yahoo! Finance)   Luminent Mortgage Capital Inc. said late Monday it repaid much of its debt and arranged to borrow more, limiting the risk the struggling mortgage financier will run out of


Half first-time buyers opt for 35-year mortgage (Sunday Business Post)  Almost half of first-time buyers are opting for a 35-year mortgage, according to figures from Bank of Ireland. About a quarter of first-time buyers opted for the 35-year term in


Home expansion and improvement  FL MORRIS / FMORRIS@STARBULLETIN.COM The BIA Home Building & Remodeling Show opened its doors Thursday at the Neal Blaisdell Center Exhibition Hall.Commentread more...


Mortgage data point to cooling housing market (Financial Times)  July mortgage approvals fell by 20% year-on-yearread more...


House sold with owner's corpse   Madrid - A Spanish bank repossessed a house and put it up for auction complete with the mummified body of the former owner who had missed her mortgage payments,

November 22nd, 2006

30-Year Mortgage Rates Sink to 10-Month Low (The Ledger)

Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months.Freddie Mac, the mortgage company, reported Wednesday that 30-year, fixed-rate mortgages averaged 6.18 percent for the week ending Nov. 22. That’s down from 6.24 percent last week and was the lowest rate since the week…

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