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Bank's guest speaker sizes up U.S. economy's bright, dark spots
PETOSKEY — Like the sunlight entering Petoskey City Hall’s windows around him as he spoke Wednesday, Mitch Stapley sees aspects of the U.S. economic picture that appear bright. At the same time, Stapley, who is chief fixed income officer...
Tags: Politics, Services and Shopping, Fannie Mae, Values, Economic Indicator
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Interest rates fall again for 15- and 30-year mortgages
Sun SentinelThe average 30-year, fixed-rate mortgage dropped to near record lows to 3.88 percent this week, falling below 4 percent for a third week in a row, Freddie Mac reported Thursday. The rate averaged 3.98 percent last week. Last year at this time, the rate...Tags: Mortgages
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Housing market still weak: Fewer existing homes bought in March
Warm weather doesn’t always bring good news. An unusually toasty winter may have poached sales of previously owned homes from March, denying it the expected springtime boost. Consumers bought 2.6% fewer existing homes – pushing the seasonally...
Tags: Symptoms, Google+, Services and Shopping, Land Price, Real Estate
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Qualifying for a mortgage has gotten much tougher, analysis shows
WASHINGTON — How do you stack up as a potential mortgage candidate in this year's increasingly tough underwriting environment? Do you have the right stuff — credit score, debt-to-income ratio, equity or down payment — to get you...Tags: India, Finance, Chicago, U.S. Department of Agriculture, Mortgages
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FHA rule change on 'collection' accounts could hurt home buyers
WASHINGTON — A little-noticed mortgage rule change that took effect April 1 could create hassles for significant numbers of home buyers who plan to use low-down-payment FHA financing this spring. The change affects anyone with one or more...Tags: Theft, Finance, Mortgages, Fannie Mae, Federal Housing Administration
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Mortgage interest rates slightly down this week
Sun SentinelBoth the average 15-year and 30-year, fixed-rate mortgages slightly declined this week, Freddie Mac reported Thursday. The 30-year fixed rate dropped to 3.88 percent, down from last week's 3.9 percent. It remained below 4 percent for a fifth week in a...Tags: Mortgages
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Mortgage rates down, pending home sales up
WASHINGTON (AP)— The average rate on the 30-year fixed mortgage has dipped to near its record low, keeping home-buying and refinancing affordable. Mortgage buyer Freddie Mac says the rate on the 30-year loan dropped to 3.88 percent this week,...
Tags: Services and Shopping, Mortgages, Real Estate, Homes, Real Estate Sales
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Interest rates on 15-year mortgages plunge to record low
Sun SentinelThe average 15-year fixed-rate mortgage fell to a new low of 3.13 percent this week, Freddie Mac reported Thursday. The interest rate on an average 30-year fixed-rate home loan also dropped -- to 3.88 percent this week, near the all-time low of 3.87...Tags: Finance, Loans, Mortgages, Services and Shopping, Real Estate
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Emmet puts the right pressure on lenders
Emmet County joined a federal class action lawsuit against mortgage giants Fannie and Freddie Mac last month, alleging the two lenders owe county municipalities money for illegally claiming exemptions as a government agency dating back to 2005. The...Tags: NPR, Laws, Justice System, Mortgages, Crime, Law and Justice
Apr 12, 2012
|Story| Petoskey News
Apr 12, 2012
|Story| South Florida Sun-Sentinel
Apr 19, 2012
|Story| Los Angeles Times
Apr 15, 2012
|Story| Los Angeles Times
Apr 8, 2012
|Story| Los Angeles Times
Apr 26, 2012
|Story| South Florida Sun-Sentinel
Apr 26, 2012
|Story| Petoskey News
Mar 8, 2012
|Story| South Florida Sun-Sentinel
Feb 24, 2012
|Story| Reuters
Feb 24, 2012
|Story| South Bend Tribune
Feb 24, 2012
|Story| South Bend Tribune
Feb 24, 2012
|Story| Petoskey News
Original site for Freddie Mac topic gallery.
