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10/12/2008 - 2:12 PM
Mortgage Headlines - 10/12/2008 New York
Mortgage rates plunge back toward 6% after the Fed's emergency rate cut
Source: interest.com
Home loans remain surprisingly affordable despite the worsening economic crisis.
400,000 Countrywide loans to be modified
Source: interest.com
Borrowers with deceptive ARMs will have their payments lowered to 34% of their income through rate and principal reductions.
Let a new federal program help you refinance
Source: interest.com
Hope for Homeowners is open to almost everyone, even if you're in default. But your lender must be willing to play along.
5 smart moves to get the best rate
Source: interest.com
Here's what you can do right now to qualify for a cheaper mortgage. And every tenth-of-a-point is worth fighting for.
How much house can you afford?
Source: interest.com
Follow these simple rules and you'll have no trouble making your monthly mortgage payments.
The 7 biggest mortgage mistakes
Source: interest.com
Avoid these pitfalls and you'll save time, money and aggravation
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