NAR President Moe Veissi praises new help for struggling homeowners. The Federal Housing Finance Agency on Tuesday announced measures to make ashort salesa of underwater homes easier for homeowners, including extending help to people who have financial difficulties but havenat missed mortgage payments.
CLICK LINK TO SEE A GREAT VIDEO! https://voicesofrealestate.blogs.realtor.org/2012/08/23/help-on-short-sales/
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Mortgage rates have moved higher off of record lows for the second consecutive week amid signs that the U.S. job market is stabilizing, according to a weekly survey by Freddie Mac. For 30-year fixed-rate mortgages, rates averaged 3.59 percent with an average 0.6 point for the week ending Aug. 9, up from 3.55 percent last week but down from 4.32 percent a year ago, according to Freddie Mac's Primary Mortgage Market Survey. Rates on 30-year...