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industry news mortgage rates: Low Inflation Benefits Mortgage Markets - 04/17/10 08:05 AM
The Inside Edge The market commentary material provided is from a third party vendor, MBSQuoteline, and is not necessarily the opinions of the employees or staff of SunTrust Mortgage, Inc. This information is intended for educational purposes only and should not be construed as investment and/or mortgage advice. Additionally, the material is deemed to be accurate and reliable, but there is no guarantee it is without error.
Low Inflation Benefits Mortgage MarketsThis week's economic data and comments from Fed officials painted a picture of a gradually improving economy with very low inflation. March Core CPI inflation rose at a tame 1.1% … (0 comments)

industry news mortgage rates: Mortgage Rates Lower After Strong Auction Demand - 04/10/10 02:20 PM
Saturday, April 10, 2010The Inside Edge Rates Lower After Strong Auction Demand
Although this week's economic data was generally stronger than expected, it was overshadowed by solid demand for the Treasury auctions and intensified concerns about the economic situation in Greece, which helped mortgage markets. After reaching the highest levels since August, mortgage rates ended a little lower than where they ended last week.Recent increases in yields on long-term fixed-rate securities such as 10-yr Treasuries and mortgage-backed securities (MBS) appeared to have been sufficient to attract investors. Very strong demand from both foreign and domestic investors for Wednesday's 10-yr auction pushed Treasury … (0 comments)

industry news mortgage rates: Mortgage Rates Rise on Weak Auctions - Economic Update 03/27/2010 - 03/27/10 04:21 PM
 
Saturday March 27, 2010The Inside Edge The market commentary material provided is from a third party vendor, MBSQuoteline, and is not necessarily the opinions of the employees or staff of SunTrust Mortgage, Inc. This information is intended for educational purposes only and should not be construed as investment and/or mortgage advice. Additionally, the material is deemed to be accurate and reliable, but there is no guarantee it is without error.
Mortgage Rates Rise on Weak AuctionsA combination of factors was negative for mortgage markets this week, and mortgage rates ended higher. Large budget deficits and economic troubles in smaller European … (0 comments)

industry news mortgage rates: Don't Make Mortgage Payments for up to Six Months! (Raleigh - Durham) - 09/09/07 05:27 PM
With the Buyers’ Bonus mortgage program, borrowers can purchase either a home resale or a newly-constructed 1-unit primary residence and have the builder/seller agree to pay up to 100% of the principal and interest portion of the monthly mortgage payment for up to the first six months* of the loan term.Eligible loan products include both fixed and adjustable-rate loans, 100% financing loans eliminating the need for a down payment, extended repayment terms (ex. 40-year loans) and affordable lending options for first-time home buyers.Buyers may also be eligible to take advantage of a reduced documentation loan processing type to help expedite the … (1 comments)

 

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