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Loan Modification

: The Truth About Mortgage.com

Are Subsidized Mortgage Rates Coming?

By scot184

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With mortgage rates returning to levels seen before the Fed pledged to buy up billions in mortgage securities, it might be time to turn to a costly Plan B, subsidizing mortgage rates. Rising interest rates have already extinguished a short-lived refinance boom, with applications dropping precipitously over the past three weeks. Mortgage rates, which slipped to a [...]

Full post as published by The Truth About Mortgage.com on June 10, 2009 (boomark / email).

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