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01/24/2008 Mortgage rates lowest since 2004
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Thirty- and 15-year fixed mortgage rates this week fell to their lowest levels since the spring of 2004, Freddie Mac reported today.
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01/24/2008 Technology aims to help agents stay in contact
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RealtyTrac has debuted a new contact and lead management system for real estate brokers and agents using the company's online service to connect with consumers.
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01/24/2008 Real estate search heats up again
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A new real estate search site rivaling the likes of Realtor.com, Trulia and Zillow has pounced on the scene. Roost.com launched its public beta site Wednesday.
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01/24/2008 U.S. existing-home sales decline
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Existing-home sales and prices dropped in December, the National Association of Realtors reported today, adding fuel to the trade group's argument that President Bush and Congress need to increase the conforming loan limits on mortgages backed by Fannie Mae and Freddie Mac to jumpstart home buying and help the economy avoid recession.
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01/24/2008 Overnight interest rates down, benchmark bond up
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Long-term mortgage interest rates continued lower Wednesday, and the
benchmark 10-year Treasury bond yield rose to 3.57 percent.
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01/24/2008 Connect Duet: Pamela Liebman and Lockhart Steele
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01/24/2008 Senator envisions program to buy risky mortgages
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The chairman of the Senate Banking Committee wants to create a Federal Homeownership Preservation Corp. and provide it with up to $20 billion to purchase mortgages from lenders and allow homeowners to refinance into government-backed, fixed-rate mortgages.
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01/23/2008 HouseValues losing 45 workers, CFO
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HouseValues Inc. laid off 45 employees Wednesday, and Chief Financial Officer R. Barry Allen will resign, the online real estate marketing and lead-generation company said.
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01/23/2008 Schwarzenegger joins push to raise conforming loan limit
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Breaking with the Bush administration's position, California Gov. Arnold Schwarzenegger has added his voice to the chorus clamoring for an increase in the $417,000 conforming loan limit, the ceiling for mortgages eligible for purchase or guarantee by Fannie Mae and Freddie Mac.
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01/23/2008 Refi applications climb 16.9%
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Applications for home loan refinancings jumped by double digits last week as interest rates continued to fall, the Mortgage Bankers Association reported today.
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