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01/29/2008 Real estate rates lower overnight
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Long-term mortgage interest rates dipped Monday, and the
benchmark 10-year Treasury bond yield inched up to 3.58 percent.
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01/29/2008 Homes in foreclosure up 79% in '07
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The number of households in foreclosure increased 79 percent in 2007, with about one of every 100 U.S. households at some stage of the foreclosure process, according to the latest numbers from data aggregator RealtyTrac.
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01/28/2008 Fate of plan to raise conforming loan limit in doubt
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A proposal to increase the $417,000 conforming loan limit faces an uncertain fate in the Senate, where an influential Republican is questioning the wisdom of allowing Fannie Mae and Freddie Mac to buy up or guarantee what are now considered jumbo loans.
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01/28/2008 Due diligence provider will tell all in N.Y. probe
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The nation's largest provider of due diligence reviews of mortgage loans packaged up for sale to Wall Street investors has agreed to cooperate with New York Attorney General Andrew Cuomo's sweeping investigation of industry practices.
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01/28/2008 New-home sales tumble 26% in 2007
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The Commerce Department today reported that 2007 sales of new single-family homes fell at their sharpest clip since 1963, the year it first began tracking these figures.
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01/28/2008 Real estate rates up overnight
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Long-term mortgage interest rates rose again Friday, and the benchmark 10-year Treasury bond yield sank to 3.56 percent.
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01/28/2008 Video lessons in real estate
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I have been writing this column for about two years now (don't worry, I'm still a Rookie, and every time I learn my lesson from one beginner mistake I end up making a new one) and I think last week's video topic may have brought me the most mail that I have ever gotten. (See, "What to do this year? Video video")
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01/28/2008 Evaluating market psychology in real estate
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01/25/2008 Annual home-price growth seen in 31 states
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The housing slowdown hadn't produced annual price declines in 31 states as of last November, according to the latest home-price index from First American CoreLogic.
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01/25/2008 Trailing market's wild ride this week
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Wow. The basics: mortgages were at 5.75 percent last week, Monday a holiday, Tuesday markets stunned by the Fed's 0.75 percent cut; mortgages early Wednesday morning fell to 5.375 percent(!), wholesale rate-locking Web sites crashed in an hour, mortgages back up to 6 percent(!!) by Thursday noon. Citibank wholesale raised its rates nine separate times in 24 hours.
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