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Mortgage Terms Headlines

Mortgage rates drop to another new record

Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. Business - United States - Mortgage - Financial Services - Mortgage loan

UAE bank mortgage loans rise by Dh18bn in H1

UAE banks boosted mortgage credit by nearly Dh18 billion in the first half of 2010 to reverse a sharp slowdown through 2009 because of a downturn in the sector and a post-crisis lending tightness, official figures have shown.

Fannie Mae tries to stimulate market for foreclosed homes

The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores. If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending program could be just what you need this fall.

Oxford dictionary adds popular Chinese terms

The 115-year-old prestigious Oxford Dictionary will now include popular new Chinese terms like "shanzhai" "youtiao" and "fangnu", as part of the modern Chinese language.

Mortgage rates hit decades-low of 4.32 percent

WASHINGTON -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.