July 19, 2008
MORTGAGE RATES
As investors’ fears that the Federal Reserve would soon tighten credit policy to stall inflation lessened, mortgage rates fell this week: 30-year mortgage rates averaged 6.26 percent, the lowest level in six weeks, according to Freddie Mac.
COUNTRYWIDE
A handful of states are suing Countrywide Financial Corp. for misleading borrowers, and Florida initiated its case on [...]
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July 1, 2008
MORTGAGE RATES
If it isn’t one thing, it’s another. Historically low mortgage rates have been one of the few strengths in today’s housing market, but inflation fears may be nudging rates higher.
FLOOD INSURANCE
Congress plans to address insurance regulatory issues in July before departing on an extended summer vacation, and industry officials are hopeful that lawmakers will [...]
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