Mortgage Bonds Drop After Home Refinancings Outpace Expectation
Sunday, March 13th, 2011Mortgage bonds with U.S. government guarantees fell relative to Treasuries after data showed more homeowners with low interest rates refinancing than some analysts expected.
Making mortgage payments on an underwater loan? You deserve a break too.
Sunday, March 13th, 2011The government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac – and is trying to bail out people who’ve defaulted or are about to default on their mortgages.
Central Banks Cut Holdings of U.S. Agency Debt by 7% This Week
Sunday, March 13th, 2011Central banks outside the U.S. are among investors that cut holdings of debt from government- related companies including Fannie Mae and their mortgage bonds by $57 billion in a week, according to Federal Reserve data.
Mortgage Rates Rise, Are Home Finance Loans Next?
Sunday, March 13th, 2011Mortgage Rates Rise and are currently at an average of 4.65%, according to new bank & finance data.
Low rates spur homeowners toward 15-year refinancings
Sunday, March 13th, 2011Dave Richards wants to retire in 15 years – and he doesn’t want to still be paying his mortgage when he starts taking it easy.
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