Oct 17, 2011 12:19PM In Saturday's New York Times, Martin S. Feldstein, in an Op Ed entitled " How to Stop the Drop in Home Values ", argues that continuing declines in home prices are at the heart of America's housing crisis and can only be stopped through a government plan that reduces borrowers' mortgage principal … "when it exceeds 110 percent of the home(s) value." Mr. Feldstein's plan of government sanctioned loan forgiveness would neither stem declines in... Oct 17, 2011 4:54PM Volatility worked agains us on Friday, but in our favor today. After being pushed to the edge of their recent range on Friday, Mortgage Rates eased back slightly lower to begin this week. There's been a bit of ping-pong going on as Best-Execution vacillates between 4.125 and 4.25. Today's improvement brings Best-Ex solidly down to 4.125%, but it should be noted that pricing varies quite a bit from lender to lender right now. Today's Rates: BESTEXECUTION 30YR FIXED - 4.125% - lots of variation in...
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