frank nothaft


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More record lows for mortgage rates

Mortgage rates continue to sink to new depths, seemingly shattering previous lows every week. In the week ending today, the 30-year and 15-year fixed-rate mortgages were at all-time lows, according to the Primary Mortgage...

Mortgage rates plummet to historic low as economy weakens

National mortgage rates are dropping sharply amid falling bond yields and signs of a weaker than expected economy, a...

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5-year ARM interest rates hit new record low

The average interest rate for the five-year adjustable-rate mortgage dropped to a new record low over the past seven...

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Low inflation keeping interest rates low

Mortgage interest rates fell across the board this past week and remained below year-ago levels, according to data from U.S.-backed mortgage giant Freddie Mac for the seven days that ended today. The 30-year fixed-rate...

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NY home sales to bounce back in 2011

Home sales in metropolitan New York will bounce back in 2011 and rise 8 percent compared to last year, the National Association of Realtors predicted. The NAR’s 1.2 million members saw a rise in...

U.S. housing market to hit bottom in the spring: Freddie Mac

U.S. housing prices will hit bottom this spring and begin to rise again next year, Frank Nothaft, chief economist...

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Mortgage rates continue to set new record lows: Freddie Mac

Mortgage interest rates have reached record lows for the sixth week in a row, for the week ending July...

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More borrowers paying down blac

Homeowners looking to refinance are increasingly putting down cash at the closing table in order to lower their principal balance and take out a new loan at a lower rate, according to data from...

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More borrowers paying down principal when refinancing mortgages

Homeowners looking to refinance are increasingly putting down cash at the closing table in order to lower their principal...

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Mortgage rates reach new record lows: Freddie

Mortgage interest rates reached new record lows this week as consumer confidence declined, according data from Freddie Mac for...

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