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Latest Mortgage News
Why is it that the 10 Bond yield comes down, but mortgage rates do not???
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Or just give us a call, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice.
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 Mortgage News Daily - Mortgage And Real Estate News
The Week Ahead: U.S. PPI and Retail Sales - 14 hours ago
Traders expect U.S. bonds to potentially move lower with very little data for markets to digest next week. The main data releases in North America are expected later on in the week with the issuance of U.S. PPI, retail sales and the University of Michigan/Reuters consumer sentiment figures. "Outside of data, traders will look for more fallout from the credit market crisis including a possible U.S. de facto nationalization of Fannie Mae and Freddie," he said. Read More Now
Mortgage Delinquency Rate Hits 29-Year High in Second Quarter of 2008 - 2 days ago
Mortgage delinquencies for U.S. homes in the second quarter of 2008 moved up six basis points from the previous quarter to 6.41% of all loans outstanding, marking a 29-year high, according to the MBA's National Delinquency Survey released Friday. Read More Now
Study Says U.S. 'Housing Bubble Has Popped' - 2 days ago
A report on housing prices by Global Insight says that although prices for single-family homes are still heading downwards across the country, the rate of decline has gone down and "extreme overvaluation of house prices is essentially non-existent." Read More Now
Friday's Events: U.S. & Canadian Employment Reports; Ivey PMI - 2 days ago
The Canadian and U.S. employment reports for August followed by the Canadian Ivey PMI will be today's main highlights for North America. In the afternoon, markets will also hear from San Francisco Fed President Janet Yellen (non-voter). Read More Now
August Nonfarm Payrolls Decline 84k, Unemployment Rate at 6.1% - 2 days ago
U.S. nonfarm payrolls declined for the eighth straight month, falling more than expected by a total of 84k jobs in August, according to the Bureau of Labor Statistics on Friday. The unemployment rate was pushed up four-tenths to 6.1% (6.055%), well above expectations that it would remain at 5.7%. |
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