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Mortgage News
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Mortgages: As Pay Falls, Borrowers Lose Ground One in eight homeowners had household debt exceeding half the monthly income in 2008, a recent report says. Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP) <p>AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century. Big Deal: The Weird World of L.L.C. Names The wealthy and celebrities often buy property under limited liability companies, often with whimsical names. Square Feet | The 30-Minute Interview: Ronald D. Sernau Questions for a principal of the law firm Proskauer Rose and a co-chairman of the firm’s real estate division. Real Estate Q & A A parking space that comes with the lease; a condo building with no emergency reserve fund; a landlord’s liability in a burglary; dealing with fees on security deposits. MGIC added $1.2B in mortgage coverage in August (AP) AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined. Finding what clicks in real estate Agent Reboot Speaker Profile: Mariana Wagner read more The Appraisal: Using Private Eyes to Keep Track of Tenants Real estate investigation, a big business in a borough like Manhattan with plenty of rent-regulated apartments ripe for exploitation, has picked up in the past year. Pending real estate sales inch up in July West sees biggest month-to-month rise read more Summary Box: Mortgage rates hit low of 4.32 pct. (AP) AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent. Mortgage Loan Counselor.com | Debt Management | |
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