AP – MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association. Read More Summary Box Mortgage applications down percent
AP
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AP – RATES FALL AGAIN: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.56 percent, down from 4.57 last week. Read More Summary Box Mortgage rates hit low at 456 pct
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AP – MORTGAGE APPLICATIONS FALL: Applications for home loans dipped nearly 3 percent last week even though consumers were able to refinance at the lowest rates in decades, according to the Mortgage Bankers Association. Read More Summary Box Home loan applications down
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AP – Top mutual fund managers aren’t finding much to like these days in a stock market that’s now about where it started in January.
Read More Fund managers venturing further outside the box
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AP – CHARGES RELATED TO MORTGAGE SECURITIES: The Securities and Exchange Commission filed civil fraud charges against an investment adviser and his firm in connection with complex mortgage-linked securities during the 2007 housing bust. Read More Summary Box Fraud charges against money manager
AP
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AP – TROUBLED PROGRAM: The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat. Read More Summary Box Borrowers exit Obama mortgage program
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AP – GSE SHARES DELIST: Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange after their stocks had trouble meeting listing requirements. Read More Summary Box Fannie, Freddie to delist from NYSE
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AP – APPLICATIONS UP : The number of customers applying for mortgages jumped 18 percent last week, a sign that the market could be stabilizing after dropping off sharply. Read More Summary Box Mortgage applications rise 18 pct
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AP – RETAIL SALES: Retail sales fell 1.2 percent in May, the biggest drop in eight months. Dragging down the number were declines in home improvements, autos and sales at gasoline stations. Read More Summary Box Retail sales post big drop in May
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