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Setback for Housing Market as U.S. Mortgage Rates Surpass 5%
No matter how you look at it, passing the 5 percent barrier for mortgage rates is a psychological event, and it could have a strong negative impact on the U.S. housing market as we enter into what is normally the strongest sales season of the year in the Unite...
Real Estate Market (Apr 1st, 10)
Mortgage Rates in 2010
To understand mortgage rates and where they may be headed in 2010 it may be useful to discuss how mortgages are financed. Mortgages are “originated” by mortgage brokers, mortgage bankers, commercial banks, savings and loans and others. Thes...
Real Estate (Feb 1st, 10)