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Mortgage relief rises across U.S.? |
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More info... The number of troubled homeowners who received permanent modifications to their mortgage payments increased by 68,000 in April. However, the number of participants who failed to complete a trial phase of the federal Home Affordable Modification Program (HAMP) also is on the rise.
Tax credit and low mortgage rates boost home sales
A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren't likely to last.
Mortgages
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