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Mortgage Rates Drop and Refinancing Jumps

As the stock market bounced up and down, the rates on new home mortgages fell.  According to Federal Home Loan Mortgage Corporation, also known as Freddie Mac, last week 15-year fixed rate mortgages...

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Personal Finance in the News & Class Assignment: 30-Year Mortgage Rates Fall...

In Chapter 8 we discuss home buying and taking out a mortgage, and we use the techniques we developed in Chapter 3 to calculate our mortgage payments.  As we learned in those chapters, how large your...

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