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New York Mortgage Agency Borrowing Costs Fall 30% as Bonds Catch on `Fire'
State of New York Mortgage Agency , which provides subsidized home loans to low- and moderate-income families, cut its borrowing costs 31 percent since April on about $133 million in tax-exempt housing bonds as demand from individual investors helped drive down yields.
Tue, 31 Aug 2010 21:24:06 -0700.
MGIC Leads Mortgage Insurers? Rally on Jobs Reports
MGIC Investment Corp., the biggest mortgage guarantor, led a rally by U.S. home-loan insurers in New York trading after a report showed companies added more jobs than forecast in August.
Fri, 03 Sep 2010 09:27:30 -0700.
Mortgage applications rise 2.7 percent on low rates
New York -- Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.
Wed, 01 Sep 2010 13:38:56 -0700.
MGIC Leads Mortgage Insurers' Rally as U.S. Adds More Jobs Than Forecast
MGIC Investment Corp. led a rally by U.S. mortgage insurers in New York trading after a report showed that companies in the U.S. added more jobs than forecast in August.
Fri, 03 Sep 2010 09:03:01 -0700.
Helios Strategic Mortgage Income Fund, Inc. and Helios Total Return Fund, Inc. Monthly Dividend Declaration
NEW YORK, NEW YORK--(Marketwire - 09/03/10) - Helios Strategic Mortgage Income Fund, Inc. (NYSE: HSM - News ) and Helios Total Return Fund, Inc. (NYSE: HTR - News ) (each, a "Fund," and collectively, the "Funds") today announced that their Boards of Directors declared their monthly dividends. Helios Strategic Mortgage Income Fund, Inc. declared a monthly dividend of $0.056 per share, payable on ...
Fri, 03 Sep 2010 13:15:00 -0700.
Mortgage rates hit record low: Freddie Mac
U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.
Thu, 02 Sep 2010 08:25:44 -0700.
HRC Closes on $2.8M Mortgage Loan
NEW YORK CITY-Hudson Realty Capital has closed on a $2.8-million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, GlobeSt.com has exclusively learned. The borrower was not disclosed; the loan was used to buy the existing first mortgage on the property.
Fri, 03 Sep 2010 10:48:04 -0700.
Mortgage deduction: America's costliest tax break
The mortgage-interest deduction is America's favorite tax break -- and it's also the costliest.
Thu, 02 Sep 2010 08:52:34 -0700.
New York's No. 1 in home closing costs
If you're getting a mortgage in New York, bring a fat checkbook to the closing table: Closing costs there are the highest in the nation, according to a survey by mortgage website Bankrate.com.
Thu, 02 Sep 2010 09:00:43 -0700.
Mortgage Rates Headed Lower: Analysis
The 30-year fixed rate mortgage hit a new low of 4.32% this week, and stands to fall to 4.24% in September.
Thu, 02 Sep 2010 10:28:37 -0700.