McLEAN, Va. – Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
The average rate on a 30-year fixed rate mortgage was 4.97 percent this week, down from 5.05 percent a week earlier, mortgage finance company Freddie Mac said Thursday.
Rates [...]
Posts Tagged ‘Mortgage’
Mortgage rates fall below 5 percent
March 5th, 2010 
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Housing Crash Crushes Suburban Ideal
February 11th, 2010 admin As the nation’s home builders try to claw their way out of the biggest abyss in the sector’s history, the future landscape is beginning to look a bit different than they once thought.
All those “ex-urban” communities that were supposed to be the place to put shovels and money are falling victim to a changing demographic, [...]
Mortgage Bankers Association Sells Headquarters at Big Loss
February 7th, 2010 admin Like millions of American households, the Mortgage Bankers Association found itself stuck with real estate whose market value has plunged far below the amount it owed its lenders.
But the trade group for mortgage lenders is refusing to say exactly how it extracted itself from that predicament.
On Friday, CoStar Group Inc., a provider [...]
