30-Year Rates Dip to 6.35 Percent
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
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30-Year Mortgage Fall to New 2007 Low (San Francisco Chronicle) Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week's stock market turmoil. Mortgage giant Freddie Mac reported
Mortgage rate rises to 4-year high (CNN Money) Mortgage rates jumped this week to the highest level in four years, Freddie Mac said Thursday.read more...
Personal Finance The earnings of mortgage giant Freddie Mac dropped nearly 60 percent in the first half of the year amid continued volatile interest rates as it emerged from its accounting crisis.read
J.P. Morgan Cut $14 Bln Mortgage Exposure In Third Quarter (Fox News) J.P. Morgan Cut $14 Bln Mortgage Exposure In Third Quarter read more...
Mortgage Crisis Hurting Minnesotans More than Ever (FOX 9 News Twin Cities) Across the country, 10% of homeowners owe more money on their mortgage than their house is worth. The Minnesota Housing Partnership and the think-tank Minnesota 2020 hosted a forum on
July 4th, 2008
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