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Filled on 24 December, 2011. Post tags: first, mortgage, second, mortgage

New Bubble May Be Growing in 30-Year Mortgages: Edward Pinto - Bloomberg
MiamiHerald.comNew Bubble May Be Growing in 30-Year Mortgages: Edward PintoBloombergThe 30-year fixed-rate mortgage, the most common way US buyers finance a home purchase, isn't the ideal instrument its supporters claim it to be. First, its dominance requires permanent government subsidies. Second, it amortizes slowly, .Recommended: First Thoughts: What we learned from the Romney interviewmsnbc.comNew Agency Borrowers Will Pay for Payroll Tax Cut Extension.Mortgage News DailyLean on me: FHA again shouldered loan load in 2011Akron Leader PublicationsPR Newswire (press release)all 623 news articles »

Mortgage rates fall to record low - Cecil Whig
Washington TimesMortgage rates fall to record lowCecil WhigThe national average on a 30-year fixed mortgage fell to a record-low 3.91 percent this week, according to Freddie Mac. In Cecil County, the average fixed mortgage rate is low but remains above the national average. In Elkton, for example, .Bankrate: Mortgage Rates Remain in Record TerritorySacramento BeeMortgage Q&A: Lower rate is worth longer termWashington TimesMortgage rates drop again how long can they remain low?Plain DealerInternational Business Times UKall 526 news articles »

S&P/Experian: November Consumer Defaults Up On First Mortgages - Wall Street Journal
S&P/Experian: November Consumer Defaults Up On First MortgagesWall Street JournalThe first-mortgage rate rose to 2.17% from 2.08% the prior month, but came in below the year earlier rate of 3.06%. Second-mortgage defaults were 1.26%, down from 1.29% in October and 1.80% last year. Auto-loan defaults were 1.17%, down from 1.22% in .S&P/Experian Credit Default Indices Third Consecutive Monthly Increase in .MarketWatch (press release)Mortgage debt jumps in every US region in NovemberHousing Wireall 19 news articles »

Sales of US New Homes in November Rise to 315000 Rate - BusinessWeek
Sales of US New Homes in November Rise to 315000 RateBusinessWeekThe Obama administration this month started a new version of the federal Home Affordable Refinance Program, or HARP, after the original plan helped less than a quarter of the people targeted to lock in lower mortgage rates. .and more »

Special Report: The watchdogs that didn&apost bark - Reuters
Special Report: The watchdogs that didn't barkReutersBy Scot Paltrow (Reuters) - Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing. .and more »


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