Mortgage Rates
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- US Average Mortgage Interest Rates Slip In December - FHFA (Nasdaq)
WASHINGTON -(Dow Jones)- Average mortgage interest rates dipped in December, the Federal Housing Finance Agency reported Tuesday. - Mortgage rates dip below 5% (Fort Wayne Journal Gazette)
Rates for 30-year home loans fell to a shade less than 5 percent last week but remained higher than last month's record lows. The average rate on a 30-year fixed mortgage was 4.99 percent, down from 5.06 percent a week earlier, mortgage company Freddie Mac said Thursday. - Beijing banks raise mortgage rates -report (Reuters via Yahoo! Philippines News)
BEIJING, Jan 25 (Reuters) - Some banks in Beijing have raised mortgage rates on first homes to 85 percent of the benchmark lending rate from 70 percent, the official China Securities Journal reported on Monday. - (AFX UK Focus) 2010-01-25 03:42 Beijing banks raise mortgage rates -report (Interactive Investor)
BEIJING, Jan 25 (Reuters) - Some banks in Beijing have raised mortgage rates on first homes to 85 percent of the benchmark lending rate from 70 percent, the official China Securities Journal reported on Monday. The story cited an unnamed banker at a state-owned lender and also said some banks have lifted second-home mortgage rates to the benchmark level. China had used discounted mortgage rates ... - Low rates, tax breaks fire up home sales (Boston Herald)
Low prices, rock-bottom mortgage rates and an $8,000 tax credit reversed a four-year trend last year of sliding... - Lenders start sign up on 'piggyback' mortgage plan (AP via Yahoo! News)
Mortgage companies are finally starting to sign up for a long-delayed piece of the Obama administration's $75 billion foreclosure-prevention program. - It's Not 'If' Interest Rates Will Rise But 'When,' Says Real Estate Center Chief Economist (Business Wire via Yahoo! Finance)
COLLEGE STATION, Texas----Mortgage interest rates are low right now, but don?t expect that to last. When the government quits buying mortgage-backed securities, rates will head up and away. - Stakes are high as government plans exit from mortgage markets (Washington Post)
For more than a year, the government pulled out the stops to revive home buying by driving down mortgage rates. - Mortgage markets set to lose federal aid (MSNBC)
Federal support for mortgage rates, designed to revive home buying, is set to end in two months, whether the market is ready or not. - Bet Against The Fed, Buy Mortgage REITs (Forbes)
Mortgage REITs offer fat yields for little more than liquidation value. A bargain or a trap?
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