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WASHINGTON - Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
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WASHINGTON - Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.
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Aug. 31--For anyone under the age of 57, mortgage rates are at the lowest point ever in their lifetime.
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JACKSON, Wyo. - Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.
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Aug. 27--The number of homeowners in Hampton Roads who owed more on their mortgages than their homes were worth slid to just below 70,000 at the end of June, according to a new report.
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Aug. 27--One in nine Florida households with a mortgage was at risk of foreclosure this summer and the bad news is; that's the good news.
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Aug. 27--Fewer Maryland homeowners were behind on their mortgages or on the brink of foreclosure this spring, a welcome improvement but one that faces strong headwinds from an uncertain economy.
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Aug. 27--More Texans have fallen behind in their mortgage payments, the latest industry research shows.
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WASHINGTON - The jobs crisis is putting more Americans at risk of losing their homes.
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Aug. 26--Like most places around the country, record-low interest rates on mortgages in the Madison area were creating a lot of refinancing business for banks but weren't triggering many new applications.
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WASHINGTON - One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.
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NEW YORK - Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks as concerns grow that the economy is weakening.
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Aug. 26--Maria Olmo, 63, doesn't like her chances of paying off her new, 40-year mortgage.
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NEW YORK - A trade group says mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades.
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Aug. 25--Economic and political unknowns are slowing Spokane home sales much as they have in the rest of the United States, the president-elect of the Spokane Association of Realtors said Tuesday.
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BOSTON - Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions of a huge wave of defaults to come.
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WASHINGTON - Federal regulators say former Countrywide CEO Angelo Mozilo personally approved mortgages for favored borrowers that violated the company's policies and lending standards.
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Aug. 24--Ken Blaudow has felt the pain of the housing finance industry turmoil.
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The Federal Reserve delivered some positive news on the state of small-business lending in its July quarterly report.
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Aug. 22--Most people who lose their homes to a short sale or foreclosure do what they can to conceal that fact, such is their embarrassment.