There was big news within the mortgage industry recently as interest rates finally went back below 6%. The reaction was mixed, but the rate did prompt many people to rush to refinance their homes. For those that are stuck with variable rate mortgages, the current situation in the housing market has been volatile to say [...]
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Mortgage Interest Rates Start To Change
October 7th, 2008 — , borrowers, consumer advocates, current situation, fannie mae, foreclosure, freddie mac, housing market, interest rates, lack of awareness, light at the end of the tunnel, money, mortgage, mortgage industry, mortgage payments, personal finance, refinance, resurgence, rude awakening, second job, specter, subprime, variable rate mortgage, variable rate mortgages from Loanio @ Loanio
