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NEW YORK, May 3, 2012 /PRNewswire/ --
Mortgage rates fell this week, with the 15-year fixed rate hitting yet another record low, amid news of weak job growth during the month of March.

Mortgage rates tumble back near record lows

Posted by mortgage 40 days ago (Editorial)
Mortgage rates fell this week, with the 15-year fixed rate hitting yet another record low, amid news of weak job growth during the month of March.

Bank of America shares tumble 8 percent

Posted by mortgage 263 days ago (Editorial)
Shares of Bank of America Corp. plummeted more than 8 percent Friday, capping a week of bad news at the nation's biggest bank.
U.S. mortgage rates fell to the lowest in more than half a century as concern that the global economic recovery is faltering spurred demand for bonds that guide home loans, according to Freddie Mac.
Mortgage interest rates hit record lows this week, sending housing affordability soaring.

Mortgage rates tumble in week

Posted by mortgage 292 days ago (Editorial)
WASHINGTON, Aug. 4 (UPI) -- Long-term mortgage rates fell sharply in the week ending Thursday, pushed lower by a weak economy, the U.S. Federal Home Loan Mortgage Corp. said.
Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest in almost nine months, signaling borrowing costs to purchase and refinance houses may reach new lows.

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