The Los Angeles Times
Mortgage rates hold steady, Freddie Mac survey says
The
interest rate on a 30-year fixed mortgage held steady this week at a
60-year low while the 15-year fixed loan edged down to a new record low,
mortgage finance company Freddie Mac said in its weekly rate snapshot.
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HousingWire
Five more years of housing problems, with some stability in local markets
The
housing market remains shaky and is unlikely to deliver significant
growth in prices over the next five years, according to a new survey of
economists, real estate professionals and analysts.
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The Los Angeles Times
Sales of previously owned homes jump in August
The
number of homes sold increased 7.7 percent in August compared with July
and 18.6 percent from August 2010, the NATIONAL ASSOCIATION OF
REALTORS® said this week.
San Diego Union-Tribune
How will Fed decision affect home loan rates?
The
Federal Reserve on Wednesday announced it's changing its investment
strategy, which could translate into lower mortgage rates down the road,
market watchers say.
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The Los Angeles Times
U.S. to have tough time in suits against 17 banks over mortgage bonds
Federal
regulators allege 17 banks misled Fannie Mae and Freddie Mac over the
safety of mortgage bonds, but analysts say the two mortgage giants
should have known that the loans behind the bonds were toxic.
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