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15-year loans are hot as mortgage rates continue record dip The Seattle Times Mortgage rates posted a fifth straight week of record lows, but most eye-catching was the average offering rate for a 15-year fixed loan, which dropped to 2.97 percent — the first sub-3 percent reading in the nearly 21 years. See all stories on this topic » | ||
Student loan debt continues to rise Los Angeles Times By Walter Hamilton Even as Americans whittle down other forms of debt, students continue to pile on loans to pay for college and graduate school. Total student debt rose more than 3% to $904 billion in the first quarter, continuing a trend in which ... See all stories on this topic » | ||
Low mortgage rates attracting more short-term borrowers Los Angeles Times With the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years. Traditional 30-year fixed-rate loans are averaging 3.75%, a record low for the fifth straight week. By E. Scott Reckard, Los Angeles Times ... See all stories on this topic » | ||
Student-Loan Debt Rises 8% to $904 Billion Wall Street Journal Americans owed $904 billion in student loans at the end of March, nearly 8% higher than a year ago, the New York Fed said Thursday in its quarterly report on consumer credit. That is more than the $679 billion on their credit cards at the end of the ... See all stories on this topic » | ||
Student loans soar 275% over past decade CNNMoney By Tami Luhby @CNNMoney May 31, 2012: 11:05 AM ET NEW YORK (CNNMoney) -- Student loans have more than tripled over the past decade, according to new data from the Federal Reserve. Student loan debt hit $904 billion in the first quarter of 2012, ... See all stories on this topic » | ||
New GOP proposal on student loans Washington Post Congressional Republicans on Thursday outlined new ways to break the political impasse that threatens to drive up student loan rates July 1. They proposal came in the form of a letter to President Obama, who has urged Congress to find an agreement that ... See all stories on this topic » | ||
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US 30-year mortgage rate falls to record 3.75 pct. The Associated Press By MARCY GORDON, AP Business Writer – 1 minute ago WASHINGTON (AP) — Average US rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever. See all stories on this topic » | ||
Republicans make new offer in student loan stalemate Los Angeles Times By Lisa Mascaro WASHINGTON -- With a stalemate in Congress threatening a student loan interest rate increase, congressional Republicans proposed a new way to pay for keeping federally subsidized loan rates low in a counter-offer to the White House to ... See all stories on this topic » | ||
Abacus Bank, 19 People Charged in Fannie Mae Mortgage Fraud San Francisco Chronicle May 31 (Bloomberg) -- Abacus Federal Savings Bank and 19 individuals were charged with mortgage fraud and accused of selling hundreds of millions of dollars in fraudulent loans to Fannie Mae, Manhattan District Attorney Cyrus Vance Jr. said. See all stories on this topic » |
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Lenders Loosen Up Car Loans | TheDetroitBureau.com By Paul A. Eisenstein While financing still isn't quite as readily available as it was during the bubble years – when some lenders were willing to offer so-called NINJA loans, for those with no income, no jobs or assets – consumers are finding credit rapidly easing up, ... TheDetroitBureau.com | ||
GOP Offers Obama Two Choices on Student Loans, Misses Obvious ... By Duane Lester GOP Offers Obama Two Choices on Student Loans, Misses Obvious Solution. The latest crisis that needs the wise leadership of President Obama is that student loan rates are going to increase if there isn't an act of Congress. The Republican ... All American Blogger | ||
Detroit Symphony Resolves Orchestra Hall Loans, Moves Toward ... By The Huffington Post News Editors DETROIT -- The Detroit Symphony Orchestra announced Thursday that it has resolved $54 million in loans owed to five banks on a real estate deal for the Max M. Fisher Music Center, allowing the 125-year-old orchestra to more confidently ... The Huffington Post | Full News Feed |
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Detroit Symphony resolves bank loans tied to venue - Yahoo! News From Yahoo! News: The Detroit Symphony Orchestra announced Thursday that it has resolved $54 million in loans owed to five banks on a real estate deal for ... news.yahoo.com/detroit-symphony-resolves-bank-loans-tied-v... |
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