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Mortgage rates down again; could dip more  Rates on 30-year mortgages declined for a third consecutive week as bond investors worried that Hurricane Katrina and soaring energy prices will slow the economy.read more...


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Stuttgart Daily Leader)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans


Reducing the threat of fire and mold  The first little pig decided to build his house of straw. The second, only a little wiser, opted for wood.read more...


On Your Side: Mortgage Fraud Hotline (News 12 Augusta)  The mortgage crisis is reach epidemic levels. And mortgage fruad is a big part of the problem, but help could be on the way. South Carolina is providing some help


Sen. Dodd says he was unaware of mortgage break (Denver Post)  Senate banking committee chairman Christopher Dodd said Tuesday he knew he was part of a "VIP" mortgage program offered by Countrywide Financial but said he was not aware that the


Real estate agent banned for $100,000 mortgage scam (Stuff)  A real estate agent found to have been the driving force behind a $100,000 mortgage scam has been banned from the job.read more...

July 23rd, 2007

Sector Snap: Mortgage REITs Slide (AP via Yahoo! Finance)

Shares of four mortgage real estate investment trusts tumbled Tuesday to 52-week lows after Countrywide Financial Corp.’s second-quarter earnings report and full-year outlook revived fears that the housing slump is far from over.

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