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9 May 2013
Mortgage rates headed higher this week on the strength of a better-than-expected employment report, ending five straight weeks of declines that sent average rates on some loan types to new record lows.
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18 April 2013
Mortgage rates edged down again this week, posting their third consecutive decline with 5-year adjustable-rate mortgages (ARMs) falling to a new record low in the weekly Freddie Mac rate survey.
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19 March 2013
A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis.
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7 March 2013
Mortgage rates are holding largely steady this week, with only minor changes among the major loan types, according to today's Freddie Mac weekly rate survey.
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31 January 2013
Mortgage rates are up sharply this week, with the most popular loan types up a full tenth of a percentage point, according to the weekly Freddie Mac rate survey.
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4 September 2012
Fannie Mae and Freddie Mac will raise the fees they charge to guarantee single-family mortgages, beginning this fall, the Federal Housing Finance Agency has announced.
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4 June 2012
Mortgages refinanced under the federal HARP program nearly doubled in the first quarter of the year, following the announcement of new program guidelines last fall.
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22 March 2012
Mortgage rates surged this past week, ending months of lethargy and sending interest rates on 30-year fixed-rate loans above 4 percent for the first time since October.
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17 March 2012
If you haven't been able to refinance[[sitetree_link,id=13]] your underwater mortgage yet, now might be the time to do it.
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10 February 2012
The federal HARP mortgage refinance program can be a huge boon for underwater homeowners.But if you have PMI, there's a little hitch you should know about.
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31 January 2012
Should you buy a foreclosed home? The savings can be huge, but so can the hassles and pitfalls.Here are a few tips for first-time foreclosure buyers to make sure the experience is a rewarding one.
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12 December 2011
A new proposal floated in Congress last week would tax mortgage borrowers to cover an extension of the payroll tax cut.
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1 December 2011
December 1 is when lenders are scheduled to begin implementing the new HARP guidelines for refinancing underwater mortgages.But you might not be able to refinance that underwater loan just yet.
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16 November 2011
Homeowners can start applying to refinance their underwater mortgages under new HARP guidelines as soon as Dec.1, according to new program rules released late yesterday.
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24 October 2011
Homeowners will soon be able to refinance their mortgages, no matter how far underwater they are, under new guidelines to the Home Affordable Refinance Program (HARP) announced today.
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7 June 2011
The government's Home Affordable Refinance Program (HARP) posted its second-strongest quarter on record during the first three months of the year, enabling 130,000 homeowners with limited or no equity to refinance their mortgages.
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3 May 2011
Homeowners who were affected by last week's tornado outbreak across the South may be able to qualify for up to 12 months of suspended or reduced payments on Freddie Mac mortgages, along with other assistance as well.
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1 March 2011
Fannie Mae and Freddie Mac may not be going away anytime soon, but the mortgages they back are going to get more expensive over time.
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16 February 2011
People who refinance their mortgages are overwhelmingly opting for fixed-rate loans, which made up 95 percent of all refinances in the fourth quarter of 2010.That's due in part to borrowers becoming more conservative in their loan choices since the economic downturn began.
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14 February 2011
The Mortgage Bankers Association (MBA) is calling for significant revisions to the government's plodding HARP mortgage refinance initiative to make it more available to underwater homeowners.
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