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By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: "Some creditworthy borrowers are still having trouble getting a mortgage." Loose mortgage underwriting is largely blamed for the housing crash, and as a result the credit markets have swung in the opposite direction, some s

Spring home-buying season signals recovery

Posted by mortgage 37 days ago (Editorial)
There are indications throughout the market that confidence is up and that sales will move slowly but steadily higher.
Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.

Rates Sink On Slow Recovery

Posted by mortgage 53 days ago (Editorial)
Mortgage rates dropped this week, as the latest economic data disappointed investors and the Fed reminded them that the economy is far from recovery. The benchmark 30-year fixed-rate mortgage fell to 4.23 percent, compared to 4.29 percent the previous
After last week's quick rise, mortgage rates fell as the economy's performance fizzled.
Last week's rise in 10-year U.S. Treasury yields from 2.0 percent to 2.3 percent suggests that it might not be long before mortgage rates increase from their current record low of just above 4 percent, according to Capital Economics.
Hope lives: Home sales are up and fewer borrowers are falling behind on their payments, pushing up mortgage rates
After AIG suffered well over $100 billion in losses since the subprime mortgage crisis began, it has had reasons to be skittish about taking on future risk

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