All About Mortgage: 10/14/09

This 4 bedroom, 2 bathroom Single Family for sale is located at 3 Allen Pl, Sloatsburg, NY 10974. View 1 photos, price history and more on BHGRE.com.

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ed to Fannie Mae-approved lenders, servicers, and other mortgage finance professionals, strictly for their own use in origi-nating mortgages, selling mortgages to Fannie Mae, or servicing mortgages for Fannie Mae. Fannie Mae may revoke these limited permissions by written notice to any or all Fannie Mae-approved users.

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 · All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Other restrictions and Limitations apply. Mortgages Unlimited is required to disclose the following license information: Minnesota: nmls lic #225504.

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Throughout the lending process, we provide regular loan updates and progress reports so you always know the status of your loan. We also offer a special Mortgage Manager service if you are considering refinancing your mortgage. And, now it’s our pleasure to offer all of our exceptional mortgage services online.

Mortgage rates set by independent lenders are also influenced by the interest rate which the federal reserve charges banks for borrowing money. In the early 1980s, high-rate loans emerged as a part of the Federal Reserve’s plan to fight inflation. By October 1981, the average rate for 30-year mortgages reached its all-time high of 18.63%.

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The 30-year constant maturity series was discontinued on February 18, 2002 and reintroduced on February 9, 2006. From February 18, 2002 to February 8, 2006, Treasury published daily linear extrapolation factors that were used by Mortgage-X to compute an estimated 30-year rate. Back to Mortgage Indexes