Falling mortgage rates draw interest from local homeowners
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years.
Read more News Source - Las Cruces Sun-News
Publish date - 02:15:32 01/06/09

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Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions.
Read more News Source - Boston Globe
Publish date - 09:53:22 01/05/09

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Mortgage crisis here may be worse than reported
Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close.
Read more News Source - The Buffalo News
Publish date - 13:33:39 01/05/09

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Business briefs: 30-year mortgage holds steady
SOUTHWEST FLORIDA
Read more News Source - The Sarasota Herald-Tribune
Publish date - 06:16:55 01/06/09

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Business briefs: 30-year mortgage tilts upward
SOUTHWEST FLORIDA -- The average rate for a conventional 30-year fixed mortgage on an owner-occupied, single-family home with 20 percent down on Friday afternoon was 5.625 percent, up from Thursday's rate of 5.375 percent, Sarasota's Sentinel Mortgage reported.
Read more News Source - The Sarasota Herald-Tribune
Publish date - 06:17:45 01/03/09

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Jumbo mortgage shoppers get little relief
Fed's actions could narrow spread
Read more News Source - The News Journal
Publish date - 09:02:46 01/05/09

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Treasuries Drop as U.S. Prepares to Sell Record Amount of Debt
Jan. 6 (Bloomberg) -- Ten-year Treasuries fell for a fourth day, pushing yields to near the highest level in three weeks, as the U.S. prepared to sell a record amount of debt to pay for government efforts to snap the recession.
Read more News Source - Bloomberg
Publish date - 10:25:11 01/06/09

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Payoff your home quicker just by changing how you pay
It sounds too good to be true, but it is possible to shave years off of your 30=year mortgage without raising your monthly payments. You simply have to know when to pay.
Read more News Source - ABC 15 Phoenix
Publish date - 05:58:03 01/05/09

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Treasuries Little Changed as U.S. Prepares Record Debt Sales
Jan. 6 (Bloomberg) -- Treasuries were little changed, with 10-year yields near the highest level in three weeks, as the U.S. prepared to sell a record amount of debt to pay for government efforts to snap the recession.
Read more News Source - Bloomberg
Publish date - 08:10:23 01/06/09

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Regional lenders need help, too
The Federal Reserve has cut the federal funds rate and its short-term lending rate to banks to near zero. But those moves have done little to unlock credit markets.
Read more News Source - The Kansas City Star
Publish date - 05:07:38 01/06/09

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