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Home > Archives for January 2011

Archives for January 2011

Down Payments Under 30% Risky?

January 17, 2011 by Kathy Sollien

The mortgage industry is divided over how much down payment a borrower should be required to have in order to be considered less risky. Regulators have until April to come up with a down payment requirement as part of the Dodd-Frank financial overhaul legislation. Wells Continue Reading

Could Rising Mortgage Rates Spur a Rush of Home Buying ?

January 4, 2011 by Kathy Sollien

Mortgage rates have been rising ever since November 2010, when lows of 4.42 percent were reported. Bankrate.com recently reported a rise to 5.02 percent in 30-year fixed rate loans, which is the second time in three weeks rates have crossed the 5 percent mark--many experts Continue Reading

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