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Mortgage Delinquencies Reach Record High
Mortgage delinquency rates were at a record high in the first quarter of 2009, as unemployment continued to take a toll on many households' income. A survey by the Mortgage Bankers Association (MBA) f...
Does It Make Sense to Refinance Now?
Mortgage rates are on the rise again and fewer people are applying to refinance. Mortgage applications declined a seasonally adjusted 7.2% the first week in June 2009 compared with a week earlier, acc...
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