Finance & Mortgage

Living near a foreclosed property could increase blood pressure, study finds

Foreclosures are not just a depressing factor for the owners of the property, but for the neighbors too. A new study conducted by scientists at the Harvard and the National Institutes of Health states that living near a foreclosed home could elevate blood pressure to dangerous levels.

Democrats disagree on senate bill to wind down Fannie Mae and Freddie Mac

The recent bill discussed at the senate to wind down Fannie Mae and Freddie Mac, the two government-backed lending giants, was opposed by six democrats, who said they won’t change their stand if major alterations aren’t made to the bill.

Fixed mortgage rates hit lowest level in 2014

The average fixed mortgage rates in the U.S. fell to a new low this week, driving down borrowing costs. This week’s rates are the lowest since January 2014, according to Freddie Mac’s latest mortgage survey.
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