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Mortgage Headlines
Government Announces Loan Modification & Foreclosure Prevention Plan
Author: RSS
13
Nov
2008
On Tuesday, the Bush Administration laid out a plan to rescue struggling homeowners and put an end to the crippling housing market. The plan is based around the mortgages held by now government-run Fannie Mae and Freddie Mac. The details of the plan are as follows…Read More…
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Mortgage Applications Surge in Latest Report, Americans Turning to Security of FHA loans
Author: RSS
12
Nov
2008
Americans are showing a renewed interest in refinancing their mortgages and purchasing new homes according to this morning’s Market Composite Index, released by the Mortgage Bankers Association (MBA).Read More…
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VA Loans are the Top Mortgage Choice for Veterans and Military
Author: RSS
10
Nov
2008
Today is Veterans Day and it’s a special time for the millions of American men and women who have served (or still serve) in the U.S. Military. One of the top military benefits is the VA loan and here is why.Read More…
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Mortgage Loan Activity Drops 20.3%
Author: RSS
4
Nov
2008
The number of Americans seeking a mortgage to purchase a home or refinance an existing loan fell more than 20% last week, according to a weekly report issued today by the Mortgage Bankers Association (MBA).Read More…
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How are Mortgage Interest Rates Affected by the Presidential Election
Author: RSS
4
Nov
2008
With change on the horizon after last night's election, it's only natural to wonder what “change” will come to the mortgage market as a result. Furthermore, what change to mortgage interest rates have U.S. elections stirred up in the past? We always hear rumblings about mortgage interest rates dropping after an election, but is there any truth to it? Should you refinance now, or wait it out a couple months for rates to drop? In order to find out, some number crunching is in order.Read …
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