Tag Archives: rate

Mortgage delinquency rate drops

A recovering housing market is improving the repayment rate among borrowers. Continue reading

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Lousy jobs report = low rates

The August jobs report is bad news for President Barack Obama but not for mortgage borrowers. Continue reading

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Why low rates should be lower

Borrowers getting a 30-year mortgage at 3.5 percent should really be getting a rate closer to 3 percent. Here is why. Continue reading

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Will Libor go away?

In the wake of Liborgate, could mortgages be pegged to a different benchmark? Continue reading

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Bad jobs report = great rates

The disappointing May jobs report released this morning means bad news for the economy and for investors, but not for mortgage rates.
The unemployment rate inched up to 8.2 percent and the economy added only 69,000 jobs in May, says the Labor Departmen… Continue reading

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Mortgage delinquencies drop

Banks are initiating with fewer foreclosures, but still struggling with a backlog. Continue reading

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Homeownership hits new low

Despite low mortgage rates and home prices, the first quarter of this year saw the rate of homeownership fall … Continue reading

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