30-year fixed-rate mortgage dips back below 4%

Freddie Mac today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing mortgage rates, fixed and adjustable, moving lower on weaker housing economic indicators as the average 30-year fixed-rate mortgage slid just below 4.00 percent for the...

Renting’s better than losing a home

In a pilot program so small it is little more than symbolic, Bank of America is handling some of the trouble it and other lenders created: an overabundance of empty houses. The bank will pick fewer than 1,000 families in Arizona, Nevada, and New York on the verge of...
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