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Mortgage rates at record lows, but who can get them?

Mortgage interest rates dropped to record lows last week, hitting rates not seen since the 1970s. But brokers say few of the many South Florida homeowners rushing to take advantage and refinance their loans will be able to qualify.

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Mortgage rates at record lows, but who can get them?

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Cairns Lockie Mortgage Commentary 16 July 2010

Welcome to the twelfth fortnightly Cairns Lockie Mortgage Commentary for 2010. We aim to keep you informed on developments at Cairns Lockie Home Loans and the mortgage market in general.

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Cairns Lockie Mortgage Commentary 16 July 2010

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Mortgage Investor Sues 15 Banks Over Subprime

Cambridge Place also blames the “mortgage originators” – the sub-prime lenders responsible for assessing borrowers – for bending the truth about the worth of the loans.

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Mortgage Investor Sues 15 Banks Over Subprime

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Mortgage refinance not always worth hassle

Dear Dr. Don, We currently owe $67,000 on a 30-year fixed-rate mortgage for $132,000. We’re seven years into the loan. We put an extra $1,000 on the principal each month.

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Mortgage refinance not always worth hassle

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Home mortgage refinancing benefits

A home mortgage refinance can lower a borrower’s monthly payment and provide other benefits.

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Home mortgage refinancing benefits

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Mortgage rates tumble to another low

WASHINGTON - Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.

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Mortgage rates tumble to another low

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Mortgage rates drop to lowest level since 1950s, 4.58%

WASHINGTON — Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.

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Mortgage rates drop to lowest level since 1950s, 4.58%

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Mortgage rates fall to record low: 4.58%

WASHINGTON - Mortgage rates have sunk to their lowest in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.

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Mortgage rates fall to record low: 4.58%

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Mortgage rates reach 50-year low

WASHINGTON — Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed home loans sank to 4.58 percent this week, down from the previous record of 4.69 percent set last week and the lowest since the mortgage company began keeping records in 1971.

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Mortgage rates reach 50-year low

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Mortgage rates hit 4.58 percent, a historic low

Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy houses.

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Mortgage rates hit 4.58 percent, a historic low

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