| Jan 26, 2012 3:17PM Mortgages Rates over the past two days have done much to make ground lost leading up to Yesterday's FOMC Announcement. After further improvements today, rates further solidified their reentry into 3.875% 30yr Fixed Best Execution levels. (for detail on what that means, READ THIS POST from a few days ago). The rounded average of various lenders' Best-Ex rates had moved up to 4.0%, and more than a few lenders are still well-priced there, but a majority are once again offering 3.875% with attractive... Jan 26, 2012 9:24AM Housing featured prominently in President Obama's State of the Union speech on Tuesday night. The President made two specific proposals, one to deal with the ghosts of housing past, the other to provide expanded credit to homeowners. In contrast to the settlement with banks that Obama was widely rumored to announce at the State of the Union, he instead directed Attorney General Eric Holder to create a new office on Mortgage Origination and Securitization Abuses . The President said, "The American...
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