March 29, 2011 by Kevin Riles
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From DSNews.com New data released by Lender Processing Services (LPS) Monday show that while delinquencies continue to decline, an enormous backlog of foreclosures still exists with overhang at every level. As of the end of February, foreclosure inventory levels stood at more than 30 times monthly foreclosure sales volume, indicating this backlog will continue for [...]
30-year mortgage at lowest rate since 1971
August 13, 2010 by Kevin Riles
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NEW YORK (CNNMoney.com) – Mortgage rates continued to decline this week, plunging to the lowest level in decades, according to surveys from Freddie Mac and Bankrate. Freddie Mac’s weekly report said the 30-year fixed rate slipped to 4.44% for the week ended Thursday, the lowest since the government-backed lender began tracking the rate in 1971. [...]
Welcome to our new WebsiteFebruary 15, 2010 by admin
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