Banking
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November Job Loss Drives Down Bond Yields, Fixed Mortgage Rates
Dec 11, 2008Long-term mortgage rates continued to decline for the week ending Dec. 11, bringing the 30-year fixed rate mortgage (FRM) average down to 5.47 percent with an average 0.7 point — the lowest level in more than four years — according to the weekly mortgage market survey released Thursday by Freddie Mac [stock FRE][/stock]. The average has not been lower since the week of March 25, 2004, when it stood at 5.4 percent. The average this time last year was 6.11 percent.
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Feds Outline Plan to Help Credit Unions
Dec 10, 2008 -
Servicers Can Modify Current Loans, Fannie Mae Says
Dec 08, 2008 -
New Jersey Governor Calls for Sweeping Foreclosure Moratorium
Dec 08, 2008 -
Redefaults a Problem, OCC’s Dugan Says
Dec 08, 2008 -
Firm Cries Foul on Credit Reporting, Mortgage Loans
Dec 08, 2008 -
Grandbridge to Acquire Houston Commercial Mortgage Banker
Dec 08, 2008 -
Georgia-based Bank Becomes 23rd Failure This Year
Dec 05, 2008 -
Troubled Mortgages Near 10 Percent of Borrowers, MBA Says
Dec 05, 2008 -
Bush: Administration Continues to Aid Homeowners
Dec 05, 2008 -
Mortgage Insurer Revises Down Paid Claims Estimate
Dec 05, 2008 -
Bernanke: Housing Recovery Requires Taxpayer Dollars
Dec 05, 2008
