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30-year mortgage rates at lowest level since early June (USA Today) Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.59%. That was down from 6.68% last week and was the lowest since early June, when rates stood
U.S. MBA's Mortgage Applications Index Rose 3.2% Last Week (Bloomberg.com) Sept. 13 (Bloomberg) -- Mortgage applications in the U.S. rose last week to the highest level in more than three months after a recent decline in borrowing costs spurred home
Council rejects ban on turning homes into rental units A borough ordinance recommended by the Planning Commission which would prevent homeowners from converting their properties into rental units failed to pass through borough council.read more...
XML standard for mortgage sector (Computer Weekly) Origo, which develops e-commerce standards in financial services, is to develop an XML-based standard for the mortgage sector.read more...
Paulson considering mortgage change (AP via Yahoo! News) Shifting course, Treasury Secretary Henry Paulson planned to tell Congress that the Bush administration would consider allowing the big mortgage companies Fannie Mae and Freddie Mac to temporarily buy,
Costa Mesa is raising the cap on its down-payment assistance loan from $40,000 to $240,000—an effort to help low- to moderate-income families in a county where rising home prices have rendered these types of …
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