Most homeowners still faring well, with positive equity

Nearly half of all owners with mortgages have at least 25% equity stakes in their properties, and about a quarter of owners with mortgages have more than 50% equity, a new study shows. Reporting from Washington—Negative equity and underwater homeowners are frequently in the headlines, but what about positive equity in Americans’ homes? Is there …

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Mortgage Rates Remain at or Near Historic Lows

Mortgage rates, for the most part, headed lower this week. Data from Freddie Mac shows that the 30-year fixed rate remained unchanged over the past week, while all other loan products in the GSE’s survey dropped. The 5-year adjustable-rate mortgage set a new all-time record low having fallen for the eighth consecutive week. According to …

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