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NEW YORK — Applications for home loans rose last week as rates on 30-year and 15-year fixed-rate loans sank to the lowest levels on the Mortgage Bankers Association survey’s record. The association said today overall applications.
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The number of homes repossessed in the UK last year reached its lowest level since 2006, figures from the Council of.
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The state will provide 8.4 percent mortgages to about 1,500 low- and middle-income Illinoisans seeking to buy homes for the first time, state officials announced Monday. The 30-year fixed-rate mortgages will be offered by the Illinois Housing.
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“The banks may say, ‘We are offering you record low interest rates, so you should be as happy as a clam,’ ” said Guy D. Cecala, publisher of Inside Mortgage Finance, a home loan publication. “But borrowers could be getting them cheaper.
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SAN DIEGO — After three years of turmoil and dwindling business, mortgage banking is bouncing back, lenders were told Tuesday. More than $3 trillion in home-mortgage loans will be made between now and the turn of the century, Warren.
Australia’s housing sector is in the tentative stages of a recovery as investors and home owners take advantage of low interest rates. The number of home loans taken out in February rose two per cent, the first monthly rise since.
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