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<?xml-stylesheet type="text/xsl" href="http://www.mortgagenewsdaily.com/utility/FeedStylesheets/rss.xsl" media="screen"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:wfw="http://wellformedweb.org/CommentAPI/"><channel><title>Mortgage Rates Eased By Weakening Housing Demand</title><link>http://www.mortgagenewsdaily.com/822007_Mortgage_Rates.asp</link><description>Mortgage rates continued to ebb and flow within a narrow range last week; most rates are little changed from where they were in late July 2006. Frank Nothaft , Freddie Mac vice president and chief economist commented that "Mortgage rates eased this week</description><dc:language>en</dc:language><generator>CommunityServer 2008 SP2 (Build: 31106.96)</generator><item><title>RE:Mortgage Rates Eased By Weakening Housing Demand</title><link>http://www.mortgagenewsdaily.com/822007_Mortgage_Rates.asp#8543</link><pubDate>Fri, 28 Sep 2007 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8543</guid><dc:creator>Byron</dc:creator><description>The Federal Reserve lowered interest rates. 5.25% &amp;gt; 4.75%    Why is it harder and more costly to get the exact same loan.  We are interested in a construction loan where we own the lot valued at $250,000 but we paid $195,000. The house will cost $540,000. We will sell our current home valued at $250,000. We owe $105,000 on this home.Now we are told that we must sell current home first.We owe $175,000 on lot &amp;amp; $105,000 on house.Good credit score.&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8543" width="1" height="1"&gt;</description></item><item><title>RE:Mortgage Rates Eased By Weakening Housing Demand</title><link>http://www.mortgagenewsdaily.com/822007_Mortgage_Rates.asp#8542</link><pubDate>Mon, 06 Aug 2007 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8542</guid><dc:creator>Jeff</dc:creator><description>I agree with Irv...i was in the auto business for fifteen years , and i am familiar with the buying habits of our society....payment buying is the norm...i saw this problem coming early on...my opinion is the feds lowered the rate too low for too long....resulting in cheap payments for big houses without thought of the big picture , or the future...rates will have to come down around 5.75 - 6.0 to make any kind of difference in our current economy...the feds really need to baby-sit this issue&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8542" width="1" height="1"&gt;</description></item><item><title>RE:Mortgage Rates Eased By Weakening Housing Demand</title><link>http://www.mortgagenewsdaily.com/822007_Mortgage_Rates.asp#8541</link><pubDate>Fri, 03 Aug 2007 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8541</guid><dc:creator>Mel</dc:creator><description>As a mortgage Broker, I see a major fall out in the industry including  realestate this will lead into major economy disaster
shortly. I believe the major mortgage players has to revise there program and start offering for those people with good credit score. I don&amp;#39;t know how but the government has to get involved and help. AHM(ABC) fallout has created a vacume that is creating a panic in the industry and and what I see and here is not  good. Media has to play a positive role in this matter.&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8541" width="1" height="1"&gt;</description></item><item><title>RE:Mortgage Rates Eased By Weakening Housing Demand</title><link>http://www.mortgagenewsdaily.com/822007_Mortgage_Rates.asp#8540</link><pubDate>Thu, 02 Aug 2007 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8540</guid><dc:creator>Irv</dc:creator><description>Housing prices will just continue to fall unless credit loosens up and interest rates drop.  Monthly payments are what it&amp;#39;s all about now.&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8540" width="1" height="1"&gt;</description></item></channel></rss>