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Premier Mortgages and Mortgage Lending News
Current News Developments
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Southern Mortgage The Latest News and Events
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- Bailout pushes mortgage rates up
USA Today - 1 hour, 21 minutes agoA recent jump in mortgage rates could jeopardize any turn-around in the housing market as home buyers face steeper loan costs.
- AP IMPACT: Mortgage firm arranged stealth campaign
AP via Yahoo! News - 1 hour, 40 minutes ago Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.
- Mortgage bankers come to grips with vastly altered climate
Market Watch - Oct 19 12:27 PMMortgage bankers don t have much to be happy about these days.
- AP IMPACT: Mortgage firm arranged stealth campaign
Lexington Herald-Leader - 2 minutes agoFreddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse. In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored ...
Mortgage lending world news and premier mortgages local events.
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While we all know that you will save a bundle in interest if you choose a home loan that has a shorter duration, we also know that this can cost a lot more out of our pockets each month. This may come as a surprise but you can save about 100 thousand dollars over the course of your mortgage if you opt for a 15 year loan. I was shocked to discover that the interest paid over 15 years was 64,000 dollars in comparison to 164,000 dollars for a 30 year mortgage.
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20:22:17
January 5, 2009
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