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Category Archives: Mortgage News

Mortgage Rates Fall For Third Straight Week

Posted on April 13, 2012 by admin

After a brief surge north 4 percent last month, mortgage rates have settled back near their lowest levels of all-time. Continue reading →

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Fed Minutes Causes Mortgage Rates To Rise Suddenly

Posted on April 4, 2012 by admin

The Federal Reserve has released the minutes from its last FOMC meeting. Mortgage rates are rising on the news. Continue reading →

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FHA Mortgage Insurance Premiums Increasing April 9, 2012

Posted on April 3, 2012 by admin

Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today. Continue reading →

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Mortgage Rates Fall Back Below 4%

Posted on March 30, 2012 by admin

After a brief run-up two weeks ago, mortgage rates are back below 4 percent. Continue reading →

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Loans For Underwater Homeowners : HARP 2.0 Now Available

Posted on March 20, 2012 by admin

The new, revamped HARP program is now available. It was officially released Saturday, March 17, 2012 by Fannie Mae and Freddie Mac. Continue reading →

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Mortgage Rates Climb Sharply After Retail Sales Report

Posted on March 15, 2012 by admin

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending. Continue reading →

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FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

Posted on March 9, 2012 by admin

Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule. Continue reading →

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FHA To Raise Mortgage Insurance Premiums April 1, 2012

Posted on March 2, 2012 by admin

Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums. Continue reading →

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Revamped HARP : Unlimited Loan-to-Value And Same Great Rates

Posted on February 10, 2012 by admin

The government’s new, revamped HARP program is 6 weeks from release. Homeowners are gearing up to refinance. Continue reading →

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Banks Start To Loosen Up In Underwriting

Posted on February 3, 2012 by admin

After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. Continue reading →

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