Fed study shows 2005 jump in non-prime mortgages
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U.S. mortgage lending data show   sharp growth in the use of higher-priced "non-prime" mortgages   for home purchases in 2005 over 2004, and even steeper gains in   the incidence of such loans among blacks and Hispanics, a   Federal Reserve study showed on Friday.
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Long-term mortgage rates aroundthe United States moved up this week, but rates on 30-year mortgages for all of 2004 registered their second-lowest year on record, the mortgage wholesaler Freddie Mac reported Wednesday.
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Fed moves don't always mean lower rates for borrowers.
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Short-term interest rates were raised for the fifth time this year on Tuesday. The Federal Reserve has hiked the base rate a quarter-point to 2.25-percent.
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Interest rates on U.S. 30-year and 15-year mortgages edged higher this week amid signs the economy is improving, stoking inflation concerns, mortgage finance company Freddie Mac said on Thursday.
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(12/15/04)-- Investors are not necessarily eager for higher interest rates, but at least the Federal Reserve&#39;s quarter-percent boost brought no surprises.
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U.S. mortgage applications rose sharply last week, fueled by a surge in home refinancing loans as interest rates sunk to their lowest levels in more than a year, an industry trade group said on Wednesday.
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Federal regulators on Tuesday allowed US mortgage finance giants Fannie Mae and Freddie Mac to buy larger individual mortgages next year following a jump in home prices
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China raised the interest rate on mortgage loans to 1.1 times the nationâs benchmark lending rates and increased the minimum down payment on apartments intended for investment in an effort to cool surging property prices.
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Mortgage rates inched up this week, but remained well below the year-high levels set in the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year, fixed-rate mortgages
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U.S. mortgage applications rose last week, fueled by increased demand for home purchase loans even as interest rates hit their highest level in nearly a year, an industry group's data showed on Wednesday.
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New applications for U.S. home loans rose, spurred by a rise in mortgage refinancings last week as 30-year mortgage rates eased to their lowest level since early April, an industry group said on Wednesday.
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U.S. housing starts jumped a larger-than-expected 6.4 percent in October to the busiest pace since December as buyers took advantage of low mortgage rates, a government report showed on Wednesday.
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Mortgage rates extended their climb  for the fifth straight week, skyrocketing to highs not seen in  nearly a year, according to a weekly survey released by finance  company Freddie Mac  on Thursday.
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Wednesday, the Federal Reserve is expected to raise the cost of borrowing by a quarter of a point - without costing the economy much in terms of jobs or growth.
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Mortgage rates climbed for the second consecutive week on news that the economy may soon be improving, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.
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The action offers further evidence that lending standards stayed loose even as default rates on home loans made in 2005 and 2006 were raising alarms among investors this year.