How the world sees Greece
With all the chaos in the world these days — Greece, China, Puerto Rico, not to mention falling oil prices — investors have sought safety in bonds, driving yields down. That usually pushes mortgage rates lower. Although home loan rates dipped this week, they didn’t slide very far, according to the latest data released Thursday by Freddie Mac.Read full article
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Greece's lingering economic crisis has ground lending, especially for mortgages, to a near-half with figures showing home loans have fallen dramatically. The post Greek Mortgage Loans Fall 90% appeared first on The National Herald.
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The Greek government said Monday that mortgage holders may be allowed to pay discounted rates for up to 15 years, as part of a major effort to reduce the number of non-performing loans in the bailed-out ...
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ATHENS, Greece (AP) — Greece's government says mortgage holders could be allowed to pay discounted rates for up to 15 years, as part of a major effort to reduce the number of non-performing loans in the bailed-out country.
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| READ THE ORIGINAL POST AT news.yahoo.com |