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Friday, September 03, 2010 1:07 PM

Mortgage Rates Fall again!

MORTGAGE RATES fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening. The average rate for a 30-year fixed mortgage dropped to 4.36% this week from 4.42% last week, mortgage finance giant Freddie
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Friday, March 26, 2010 11:00 AM

New mortgage relief program announced.

Reuters: The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed. The new aid programs,
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Wednesday, January 14, 2009 10:05 AM

House Bill aims to Stimulate Housing

January 13, 2009-A bill that embraces the need for righting the housing market-the first big step toward economic recovery-was introduced Friday in the U.S. House of Representatives by Representative Barney Frank. H.R. 384, The TARP Reform and Accountability
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Monday, January 12, 2009 1:45 PM

Mortgage Rates Continue Falling to Record Lows!

For the fourth consecutive week, mortgage rates have fallen to all-time lows. The 30-year mortgage rates averaged 5.01 percent this week, which is a drop from last week's 5.1 percent. Last year at this time, rates averaged 5.87 percent. "Interest
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