Mortgage rates rise modestly
Fixed mortgage rates rose slightly this week, despit discouraging words from the chairman of the Federal Reserve.
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Spotting Mortgage Fraud (WSFA 12 Montgomery) With local properties and agents under possible scrutiny from the Federal Government, WSFA 12 News shows you the warning signs of possible mortgage fraud.read more...
30-Year Mortgage Rate at Highest Since July '02 (Los Angeles Times) Rates on 30-year, fixed-rate mortgages averaged 6.49% this week, up from 6.43% last week and the highest since mid-July 2002, mortgage company Freddie Mac said.read more...
Mortgage rates drop a little Mortgage rates fell slightly this week, and have remained in a fairly tight range for a month, according to Bankrate's national survey.read more...
GM sells part of mortgage division (Kansas City Star) DETROIT ? General Motors Corp. said Thursday that it sold a majority interest in its commercial mortgage division in a deal worth $9 billion.read more...
Lenders getting careless about preapprovals Washington -- A new national research study says that too many home buyers are kidding themselves and home sellers about a crucial step in the mortgage process: Growing numbers of
Mortgage funds shaken by housing downturn (Santa Cruz Sentinel) Some investors in Estate Financial, a Paso Robles lender whose permit to run a multimillion-dollar mortgage fund was revoked by the state, are eager to meet 10 a.read more...