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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles see all

Displaying items 1-5
  • Housing regulator considers lower down payments

    The regulator that oversees Fannie Mae and Freddie Mac is considering policy changes that aim to make credit more readily available to potential home buyers, many of whom have been shut out of the market by the stiff lending requirements put in place in the aftermath of the housing bust.
  • U.S. mortgage applications rose last week: MBA

    NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as refinancing picked up following a sharp drop in interest rates, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of...

    Negative effects of 'predatory lending' greatly exaggerated

    Negative effects of 'predatory lending' greatly exaggerated
    The New York Times is again on the warpath against what it calls "predatory lending." Just what is predatory lending? It is lending that charges a higher interest rate than people like those at The New York Times approve of. According to such thinking...

    Fannie, Freddie to accept lower down payment mortgages

    Fannie, Freddie to accept lower down payment mortgages
    Fannie Mae and Freddie Mac are close to allowing consumers to buy a home with as little as a 3 percent down payment and still have the mortgages backed by the two agencies. More details are expected to be announced in coming weeks, but the move from a 5...

    Existing home sales in September rise to highest level this year

    Existing home sales in September rise to highest level this year
    The national housing market rebounded in September as home sales rose to their highest level of the year. After dipping in August, sales of previously owned homes climbed 2.4% in September to a seasonally adjusted annual rate of 5.17 million, the...