Rate on 30-year mortgage falls to 4.80

The Seattle Times: Rate on 30-year mortgage falls to 4.80 pct.

The rate on the 30-year mortgage fell last week, staying below 5 percent. But low rates have done little to lift the struggling housing market.

Freddie Mac says the average rate on the 30-year loan declined to 4.80 percent from 4.91 percent the previous week. It hit a 40-year low of 4.17 percent in November.

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Rate on 30-year fixed mortgage rises to 4.91

The Seattle Times: Rate on 30-year fixed mortgage rises to 4.91 pct.

The rate on the 30-year fixed mortgage rose for the fourth straight week, but still remains below 5 percent.

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Unemployed Loan Program Now Available!

Realty Times: Unemployed Loan Program Now Available!

It’s here. Unemployed homeowners can now receive loans that will help them avoid foreclosure, thanks to a new program by the Obama administration.

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The Numbers on Buying a House

Realty Times: The Numbers on Buying a House

It can be a tricky question. How much home can you really afford? From employment status, to savings, downpayment, and even spending habits, there are a myriad of factors that come into play.

Here is a list of items to consider before settling on a budget.

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Housing regulators propose 20 percent down payment for best rates

The Seattle Times: Housing regulators propose 20 percent down payment for best rates

If you want to buy a $300,000 house, you’ll need $60,000 as a down payment to get the best interest rate on your home loan, according to a proposal released Tuesday by federal regulators.

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