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BRIEF: Mortgage Applications Rise on RefinancingLoanSafeThe percentage of loans for refinancing increased to 74.9 percent from 72.1 percent the previous week. The percentage of mortgages for buying a house fell 2.4 percent from the previous week. Fewer adjustable-rate loans were originated last week, ...and more » |
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Mortgage Rates Historic DropHousing PredictorBy Mike Colpitts In a record breaking move, mortgage rates dropped to the lowest level in US history this week as rates paid for Treasury bonds pushed rates lower. The rate on a conventional 30-year fixed rate mortgage fell to an average of 3.79%, ...and more » |
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Record Low Mortgage Rates Sparks Refinancing SurgeLoanRateUpdate (press release)The Market Composite Index, a measure of mortgage loan application volume including purchase applications and refinance applications, increased a seasonally adjusted 9.2 percent from the previous week. On an unadjusted basis, the Index increased 8.7 ...and more » |
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Mortgage rates reach new low, spur refinancingNorthJersey.comThe Mortgage Bankers Association said Wednesday that applications increased 9.2 percent in the week ended Friday, with refinancings accounting for three out of every four loans. The average fixed rate on 30-year conventional loans fell to a record-low ...and more » |
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Refinance App Volume Rises as Interest Rates Reach New LowsNational Mortgage Professional MagazineThe Market Composite Index, a measure of mortgage loan application volume, increased 9.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 8.7 percent compared with the previous week.and more » |
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Foreclosed Americans Find Way Back to Home OwnershipKLFYThe number of FHA-insured home loans has soared in recent years as sub prime loans have disappeared and fewer Americans have qualified for conventional mortgages backed by Fannie Mae and Freddie Mac, which were rescued in 2008 by the US government ...and more » |
December 4, 2008
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