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Follow our news on Twitter and Facebook. Updated for: Friday 5-18-2012
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What mortgage rate will you really get? |
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Sure, interest rates are at record lows. But your credit score and the amount you bring to the table affect how much you'll pay for the loan. |
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2. |
Bankrate: Mortgage Rates Set 4th New Record in a Row |
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Mortgage rates fell for the seventh time in the past eight weeks and set a new record for the fourth consecutive week. |
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Obama's Disclosure Shows Mortgage Refinance Not High on Agenda |
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While President Barack Obama has cited the financial relief available to homeowners by refinancing at low-interest rates, he and his wife weren't among Americans who sought out a lower-cost loan last year. |
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4. |
Mortgage refinancing applications jump; rates fall: MBA |
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Applications for U.S. home mortgages surged last week, driven by increased demand for refinancing as interest rates hit fresh lows, an industry group said on Wednesday. |
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5. |
US rate on 30-year mortgage hits record 3.83 pct. |
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Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. |
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6. |
Obama touts mortgage aid program, urges Congress to expand it |
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President Obama rolled into a modest hilltop neighborhood here Friday to champion his administration’s efforts to help underwater homeowners get back on their feet — and to urge Congress to do more. |
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7. |
Obama to tout success of mortgage refinancing |
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President Obama will announce new figures Friday showing a dramatic spike in the number of Americans taking advantage of federal programs designed to help struggling homeowners and stabilize the lagging housing industry, administration officials said Thursday. |
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8. |
UPDATE 3-Bernanke-even worthy borrowers can't get mortgages |
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Banks have become so restrictive in making mortgages that many worthy home buyers are being frozen out of the U.S. housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said on Thursday |
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9. |
Bankrate: Mortgage Rates Set 3rd New Record in a Row |
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Mortgage rates fell for a fifth consecutive week, with the average rate on the benchmark 30-year fixed mortgage rate dropping to 4.02 percent, according to Bankrate.com's weekly national survey. |
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10. |
Mortgage Brokers Face New Rules |
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Federal regulators this summer might propose new rules for mortgage-lending fees that would require mortgage lenders to charge a flat fee for processing a loan, and limit the amount by which borrowers can reduce their interest rate through "discount points." |
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