Mortgage Rates Plunge Finally, some good news for the mortgage industry! In a move to increase credit availability, the Federal Reserve and Federal Home Loan Banks announced that they would purchase up to $600 billion in Mortgage-Backed Securities (MBS),
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Market Report for October 2008: Number of Residential Sold Listings is down by 15% since October 2007. The Median Price point is $500,000. Our Sold Listings are down by 2% from July 08. There are currently 532 active listings on the market, up from 517
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