Dougherty Mortgage closes close to $120 million in refi deals

Dougherty Mortgage closes close to 0 million in refi deals
Dougherty Mortgage said today its Minneapolis office has recently closed on nearly $ 120 million in loans to refinance four properties in the Twin Cities, ranging from apartment complexes to an helped living facility. Minneapolis-based Dominium …
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Armoury Commons apartment complex in Springfield sold to Fannie Mae at
SPRINGFIELD – Mortgage-holder Fannie Mae bought the Armoury Commons apartment complex in Springfield Tuesday at a foreclosure auction for $ 9.7 million. Fannie Mae, a government-sponsored enterprise that backs residential loans, was the only …
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Mortgage Rates : Real-Time MBS Pricing, September 27, 2012

Mortgage Rates : Real-Time MBS Pricing, September 27, 2012
The vertical-axis reflects the change in MBS pricing as measured in 32nds. Each 32nd is equal to 3.125 basis points. Falling MBS prices result in higher mortgage rates. Rising MBS prices result in lower mortgage rates. MBS pricing provided by …
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Record Low Mortgage Rates Continue
What will the impact be on mortgage rates? Hard to say which direction rates may go, yet the degree of any go is simpler to forecast—not much. If consumer confidence is an improvement from last month—which is expected—mortgage rates could tick …
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Are QE3 and Mortgage REIT ETFs a Winning Combo? – ETF News And
This program looks to buy up roughly $ 40 billion in MBS each month, a technique that looks to keep rates low on mortgage debt and utilize the housing industry as a jumping off point for higher growth levels. In addition to the bond buying, the central …
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Mortgage rates fall, but so do loan applications

Mortgage rates fall, but so do loan applications
(MoneyWatch) The pace of new home construction in the U.S. rose 2.3 percent last month, and that was before the Federal Reserve's recent go to ease interest rates helped push mortgage rates to record lows. But while this should be excellent news for the …
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2 High-Dividend Mortgage REITs To Buy On QE3
MFA Financials (MFA) and Invesco Mortgage Capital (IVR) are our two most-favored mortgage REITs. Both have a significant part of their asset portfolio invested in non-agency and adjustable rate securities. The combinations of non-agency with …
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TEXT-Fitch Rates SMHL Securitisation Fund 2012-2 Final 'AAAsf'
Fixed-rate mortgages represent 15.2% of the pool. All loans are covered by lenders' mortgage insurance provided by Genworth Financial Mortgage Insurance Pty Limited and the Commonwealth of Australia. The pool is geographically diversified, with state …
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