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T he economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...

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Refinance rush - Baltimore Sun

WASHINGTON (AP) -- Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans. While low rates are a great opportunity for ...

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Mortgage applications remain at 5-year highs - Associated Press

At a time when commodity and consumer prices were rising modestly in 2002, the media and academics falsely sounded the deflation alarm. As stated by former Federal Reserve chairman Alan Greenspan in his October 2008 Congressional testimony on the ...

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Towards an inflationary twilight zone - Asia Times

The year-round tropical climate of Florida offers a good condition for homebuyers who want to permanently settle down in the city. No more experience with cold weather and bask in the warm soothing rays of the tropical sun as you enjoy visiting fun ...

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Florida Real Estate - Mortgage Loan For Your Home Purchase - Turks.US

Mortgage rates are at their lowest level in decades, but thousands of Silicon Valley residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the most ...

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Mortgage rates are low, but loans difficult to get - San Jose Mercury News

Democrats are clear about this much: They believe the banks and the Bush administration have done too little to halt home foreclosures and they intend to do more. The source of the funds is clear too. House Financial Services Chairman Barney Frank, D ...

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Should Uncle Sam Seize Mortgage Securities? - Forbes

The eight-county Philadelphia region appeared to experience a big boost in pending home sales in November, even as the deepening recession helped push the national numbers to an eight-year low. In the area, pending home sales rose 23.1 percent from ...

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Pending home sales rose in November in Philadelphia area - Philadelphia Inquirer

WASHINGTON (Reuters) - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity in New York ...

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Jobless claims dive while mortgage rates ease again - MSN MoneyCentral

Mortgage rates have fallen in the past month but should be even lower if they were following interest rates on U.S. Treasury bonds and bills, housing finance experts say. The lower rates have sparked refinancing of home loans in the Rochester area ...

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Falling loan rates not falling enough? - Democrat and Chronicle

MUMBAI (Reuters) - Mortgage lender LIC Housing Finance Ltd said on Wednesday it has cut interest rates by 75 basis points, effective Jan.1, for its existing home loan borrowers after a reduction in its cost of funds. New customers would continue to ...

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