Wednesday, August 6, 2008

Time to lock in your mortgage rate

Home buyers may find big savings in locking in mortgage interest rates.


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Mortgage applications rise 2.8%

Mortgage Banker's Association's application index rose to 432.6 last week, but remains far below peak of 1,856.7 in 2003.



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Bush signs housing rescue law

President enacts controversial measure that aims to help borrowers, bolster the housing market and provide a fail-safe for Fannie and Freddie.


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