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Mortgage News for Monday - March 13, 2006

More Mortgage News
• Refinance mortgage to replace adjustable-rate home loan
• There Are Plenty Of Ways To Save On Mortgage
• BofA looks to gain bigger share of mortgage market
• Bill raises standards for real estate agents
• Real Estate Trends by Caroll Yule
• Treasury yields' rise could sock U.S. economy
Mortgage News
Real Estate Trends by Caroll Yule - 2006-03-13
Prices are forecasted to climb about 5 percent this year despite the cooler market. The number of homes for sale has climbed to a six-month supply, which will translate into a slower rate of price appreciation than seen in 2005. The Victor Valley housing market has altered and is continuing to change daily. The median listed price is $363,000, but the current sold/closed price is $311,000.
Read the full story at Victorville Daily Press
 
Treasury yields' rise could sock U.S. economy - 2006-03-13
U.S. Treasury yields are nudging higher, threatening to undermine one of the key strengths of economic expansion in recent years. Yields are still low by historical standards, but if they continue to climb, the U.S. economy will be affected. The effect on everything from stocks to housing to car sales could be negatively profound.
Read the full story at Newark Star Ledger
 






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