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November 23, 2009
Real Estate News

Delinquent Mortgages Reach Record Levels
The percentage of mortgages in some state of foreclosure has hit a new high, but housing experts still see brighter days ahead.

Housing at Its Most Affordable in Years
The typical U.S. family could afford more than two-thirds of all homes sold during the third quarter of this year.

15-Year Rate Hits Record Low
The average rate for 15-year mortgages dipped to a new bottom this week, and the 30-year rate approached its record low as well.

Green Renovations to Gain Market Share
According to the research firm SBI Energy, the market for green renovation products will grow 50 percent faster than the rest of the renovation sector.

Hiring Boom for Mortgage Restructuring
Due to the need for mortgage restructuring, loan servicers are among the few businesses hiring right now.

Fannie Mae 'En Espanol'
The secondary mortgage finance organization has gone bilingual.



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