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Real Estate News

Home Mortgage Rates and Real Estate News

07/23/2008 02:19 PM
The House is expected on Wednesday to pass a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.


07/23/2008 11:01 AM
Mortgage brokers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.


07/22/2008 07:05 PM
Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing.


07/23/2008 08:39 AM
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07/17/2008 03:54 PM
A group representing the buyers and sellers of mortgage backed securities unveiled a plan on Wednesday to recharge the moribund mortgage securitization market.


05/19/2008 11:09 AM
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.


05/19/2008 11:23 AM
The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions.


07/22/2008 01:10 PM
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07/22/2008 05:56 AM
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07/22/2008 10:15 AM
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07/21/2008 10:15 AM
Rates on 30-year fixed mortgages fell for the second week in a row on increased speculation that the Federal Reserve will not raise interest rates before the end of the year, according to mortgage backer Freddie Mac.


07/15/2008 12:59 PM
Richard Bitner opened his own mortgage shop in 2000, and had the good fortune to bail out of the business in 2005, before the housing crisis hit.


07/16/2008 03:35 AM
This is already one of the worst national housing downturns in half a century. But what's really scary is that judging from the still-huge overhang of unsold homes - one of the key indicators of the market's prospects - things could get worse. In fact, much worse if the economy slips into recession.


07/21/2008 10:42 AM
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07/16/2008 09:08 AM
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07/16/2008 12:19 PM
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07/16/2008 09:12 AM
Treasury Secretary Henry Paulson was hammered by lawmakers on Tuesday over the Bush administration's plan to prop up mortgage finance giants Fannie Mae and Freddie Mac.


07/16/2008 09:12 AM
The housing finance crisis and spiraling energy costs will remain a drag on the U.S. economy for the rest of the year, Federal Reserve Chairman Ben Bernanke told lawmakers in a gloomy presentation about the economic outlook.


07/16/2008 09:12 AM
The Federal Reserve unanimously approved new mortgage lending rules Monday in a crackdown on shady practices - particularly those involving subprime loans made to borrowers with weak credit.


07/15/2008 12:59 PM
The fate of Fannie Mae and Freddie Mac may be hanging in the balance but many mortgage borrowers already find themselves struggling to find affordable loans.


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