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Property News

Location American Property News for 21 September 2016

Why housing doesn't care about the Fed

CNBC - 21 Sep 2016 17:44
Hike or no hike on rates from the Federal Reserve, housing has far more important things to think about. Let us explain.
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Mortgage rates finally broke out of their tight range last week, and borrowers retreated in force.
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Freddie Mac Starts Pilot Program With Looser Standards

Wall Street Journal - 21 Sep 2016 02:42
Mortgage-finance giant Freddie Mac and two nonbank lenders are loosening income and documentation requirements for mortgage applicants in a new pilot program.
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