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They're still a tiny slice of sales, but homes sold at auction are increasing. Here's what to know before bidding.
Another week, another new low for the long term mortgage markets. For the 11 th consecutive week Freddie Mac's Primary Mortgage Market Survey showed that the average interest rate for the 30-year fixed-rate mortgage (FRM) broke another record in the...(read more)
Here are the latest interest rates and commentary on five common consumer banking products from's weekly national survey of large banks and thrifts.
Fannie Mae has announced a new policy that will allow some renters in properties foreclosed by the corporation to remain in their homes. The eviction, sometime with little advance notice, of renters from foreclosed properties has become a major issue...(read more)
Home foreclosure activity increased dramatically in 2008 compared to the previous year, according to RealtyTrac's 2008 U.S. Foreclosure Market Report. There were 3,157,806 foreclosure filings - default notices, auction sale notices and bank repossessions...(read more)
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