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  2. Lowest Interest Rates Ever Recorded, Again - AOL

    www.aol.com/news/2009-12-04-lowest-interest...

    The average interest rate for a 30-year home fixed-rate mortgage fell to 4.71 percent, according to the Freddie Mac's Primary Mortgage Market Survey, released December 3.

  3. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    The government interventions during the subprime mortgage crisis were a response to the 2007–2009 subprime mortgage crisis and resulted in a variety of government bailouts that were implemented to stabilize the financial system during late 2007 and early 2008.

  4. Subprime mortgage crisis solutions debate - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis...

    There are four primary variables that can be adjusted to lower monthly payments and help homeowners: 1) Reduce the interest rate; 2) Reduce the loan principal amount; 3) Extend the mortgage term, such as from 30 to 40 years; and 4) Convert variable-rate ARM mortgages to fixed-rate.

  5. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    However, once interest rates began to rise and housing prices started to drop moderately in 2006–2007 in many parts of the U.S., borrowers were unable to refinance. Defaults and foreclosure activity increased dramatically as easy initial terms expired, home prices fell, and adjustable-rate mortgage (ARM) interest rates reset higher.

  6. The Problem for Housing in 2010: Rising Mortgage Rates - AOL

    www.aol.com/news/2009-12-25-the-problem-for...

    Most real estate experts back the theory that the recent recovery in home sales is primarily due to two factors: mortgage rates that have been hovering around all-time lows and the government's ...

  7. Homebuyers are finally feeling relief now that soaring ... - AOL

    www.aol.com/finance/homebuyers-finally-feeling...

    The difference is huge between a monthly payment at an 8.03% mortgage rate, the 52-week high, and one at 6.82%, yesterday’s rate. On a $600,000 mortgage at a 30-year fixed rate at 8.03%, the ...

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