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Mortgage interest rates drop again -- to record low territory
Sun SentinelAverage interest rates on both 15- and 30-year fixed-rate mortgages fell again for a fifth week in a row and are now in record low territory, Freddie Mac said Thursday. Average 30-year, fixed-rate loans dropped to 3.35 percent this week after dipping to...Tags: Finance, Economy, Business and Finance, Freddie Mac, Money and Monetary Policy
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...Tags: Real Estate Buyers, Services and Shopping, Federal Housing Administration, Real Estate, Condos
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Redfin's valuation tool puts homeowners in driver's seat
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...Tags: Economy, Business and Finance, Science and Technology, Homes, Bank of America Corp., Services and Shopping
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Freddie Mac: 30-year mortgage rate dips to 3.35%, near a record low
The benchmark 30-year mortgage rate dropped this week to an average of 3.35%, its lowest rate in four months and within a whisper of its record low of 3.31% in fall, Freddie Mac said Thursday. The 15-year fixed mortgage, popular with homeowners...
Tags: Financial and Business Services, Federal Reserve, Freddie Mac
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Woman fights to keep house
South Bend TribuneA series of setbacks led to a Mishawaka woman's home being sold at a county tax sale, and a St. Joseph County judge is weighing whether she was adequately warned that her house was in jeopardy. Meanwhile, attorneys and judges around the state are...Tags: Fires, Accounting and Auditing, Car Repair and Maintenance Tips, Family, U.S. Supreme Court
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Some lenders venturing out to give mortgages with 3 or 5% down
Six years after the housing market collapsed and credit tightened, some South Florida-based lenders are easing up on the 15 to 20 percent down traditionally required for a conventional mortgage. Tropical Financial Credit Union and The Mortgage Firm...
Tags: Lake Worth, Coral Springs, Real Estate Buyers, Finance, Economy, Business and Finance
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05/13: Progressions
Architecture Shweta Bakshi was hired as an architectural designer for the retail division in Jacobs' Orlando office. Boards of Directors Jeannie Amendola, Walt Disney World Resorts, was reappointed by Gov. Rick Scott to the board of directors for The...Tags: Arts and Culture, DeBary, Online Advertising, Lake Mary, Port Orange
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Mortgage rates hover near all-time lows
Tribune reporterThe average interest rate on a 30-year, fixed-rate mortgage continued to hover near its all-time low this week while the 15-year rate fell to a new low, Freddie Mac said Thursday. For a 30-year, fixed-rate mortgage, this week's average rate of 3.35...Tags: Freddie Mac
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Are your mortgage modification terms worth continuing payments?
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...Tags: Financial and Business Services, Finance, Central Bank, Economy, Business and Finance, U.S. Department of the Treasury
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Ask a real estate pro: With retirement in full view, try to avoid refinancing
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: I have five years left until I pay off my 30-year mortgage. I received an offer to...Tags: Services and Shopping, Legal Services, Real Estate, Lawyers, Justice System
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New Developments in Home Financing
Most experts agree that the housing market is strengthening and could be the bright spot for the U.S. economy in 2013. Signs of the housing recovery are clear: home values and inventory levels have stabilized; interest rates on mortgages remain near all-...Tags: Finance, Insurance, Economy, Business and Finance, Federal Housing Administration, Prices
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Bad mortgage writedowns seen saving U.S. $2.8B
Tribune reporterWriting down the value of underwater mortgages backed by Fannie Mae and Freddie Mac could save the federal government as much as $2.8 billion, the Congressional Budget Office said Wednesday. An analysis by the CBO estimated that 1.2 million borrowers...Tags: Freddie Mac, Fannie Mae, Congressional Budget Office
May 2, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Column| Chicago Tribune
May 10, 2013
|Column| Chicago Tribune
May 2, 2013
|Story| Los Angeles Times
May 12, 2013
|Story| South Bend Tribune
May 12, 2013
|Story| South Florida Sun-Sentinel
May 12, 2013
|Story| Orlando Sentinel
May 2, 2013
|Story| Chicago Tribune
May 10, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| South Florida Sun-Sentinel
May 9, 2013
|Story| Hartford Courant
May 1, 2013
|Story| Chicago Tribune
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