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01/14/2008 Real estate rates dip overnight
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Long-term mortgage interest rates headed lower Friday, and the
benchmark 10-year Treasury bond yield dropped to 3.79 percent.
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01/14/2008 Lockhart Steele: The Future of Blogging
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01/11/2008 Industry reacts to Countrywide, BofA deal
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Bank of America Corp.'s plan to acquire troubled mortgage lender Countrywide Financial Corp. was welcomed by mortgage industry professionals Friday, who said a merger is preferable to other alternatives including a government bailout of Countrywide or bankruptcy.
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01/11/2008 Dramatic Fed cut would hike mortgage rates
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Long-term rates are unchanged this week, about the only things in finance that are. The 10-year T-note is still in the 3.80s, mortgages 6 percent, 5.875 percent, 6 percent. …
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01/11/2008 More loan servicers join HOPE NOW program
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Six mortgage loan servicers have joined the Bush administration's HOPE NOW alliance since the group was formed in October to contact borrowers in danger of defaulting on their loans and help some refinance or modify the terms of their loans to avoid foreclosure.
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01/11/2008 What I learned at Connect NYC
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Sales volumes are down, prices are down, and it's time to get creative. That's been the message so far at Connect '08. Although I'm lucky enough to be partly insulated by being in Manhattan ("those of you from New York and the Hamptons can just check your BlackBerries and ignore the following part of my speech," Brad Inman joked during the welcome), I did learn a lot from dropping in and out of panels. With apologies to those of you I didn't get to, a sampling:
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01/11/2008 Fed chief raises expectations of more rate cuts
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Federal Reserve Chairman Ben Bernanke raised expectations of further cuts in short-term interest rates in a speech delivered Thursday, capping a week in which investors temporarily lost faith in publicly traded giants of the mortgage lending industry including Countrywide Financial Corp., IndyMac Bancorp Inc. and Freddie Mac.
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01/11/2008 Nightly real estate rates inch up
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Long-term mortgage interest rates ticked higher Thursday, and the
benchmark 10-year Treasury bond yield climbed to 3.89 percent.
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01/11/2008 Foreclosure fix: 'The Last Chance Mortgage'
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01/11/2008 Get rich in a niche
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(This is Part 1 of a three-part series.)
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