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	<title>Mortgage News</title>
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	<pubDate>Sat, 29 Nov 2008 14:17:06 +0000</pubDate>
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		<title>The Temporal Junction Point For The Entire Space-Time Continuum</title>
		<link>http://www.juniormortgage.com/news/the-temporal-junction-point-for-the-entire-space-time-continuum/</link>
		<comments>http://www.juniormortgage.com/news/the-temporal-junction-point-for-the-entire-space-time-continuum/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:17:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<description><![CDATA[
It&#8217;s November 5.&#160; Happy Birthday, Flux Capacitor.

]]></description>
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		<title>Going Off The Beaten Path To Find Low Mortgage Rates On &#34;Jumbo&#34; Mortgages</title>
		<link>http://www.juniormortgage.com/news/going-off-the-beaten-path-to-find-low-mortgage-rates-on-jumbo-mortgages/</link>
		<comments>http://www.juniormortgage.com/news/going-off-the-beaten-path-to-find-low-mortgage-rates-on-jumbo-mortgages/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:16:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

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		<description><![CDATA[

How do you avoid paying jumbo mortgage rates on a jumbo-sized mortgage?&#160; 
You go off the beaten path to find a lender, that&#8217;s how.
It&#8217;s pretty simple when we break it down. 

The word &#34;jumbo&#34; is a Wall Street-specific term for home loans larger than $417,000.&#160; In certain &#34;high-cost&#34; areas, the number can be as high [...]]]></description>
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		<item>
		<title>You Have 3 Hours, 11 Minutes To Shop For Your Mortgage Rate, Or Else You&#8217;ll Have To Start The Process Over Again</title>
		<link>http://www.juniormortgage.com/news/you-have-3-hours-11-minutes-to-shop-for-your-mortgage-rate-or-else-youll-have-to-start-the-process-over-again/</link>
		<comments>http://www.juniormortgage.com/news/you-have-3-hours-11-minutes-to-shop-for-your-mortgage-rate-or-else-youll-have-to-start-the-process-over-again/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:16:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

		<guid isPermaLink="false">http://www.juniormortgage.com/news/you-have-3-hours-11-minutes-to-shop-for-your-mortgage-rate-or-else-youll-have-to-start-the-process-over-again/</guid>
		<description><![CDATA[

October 2008 was among the most volatile months in Wall Street&#8217;s history and mortgage markets got hit by the chaos badly.&#160; As investors moved cash in-and-out of stocks, bonds, and treasuries to keep ahead of financial turmoil, home buyers in Cincinnati, Chicago and elsewhere saw their mortgage rate quotes expire with alarming speed.
Over the last [...]]]></description>
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		<title>Bankrate.com Mortgage Trend Index (October 30, 2008)</title>
		<link>http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-30-2008/</link>
		<comments>http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-30-2008/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:16:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

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		<description><![CDATA[
I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week&#8217;s survey is now available.
As a reminder:

The survey is for conforming mortgages only. 
Send me an email for an actual rate quote. 
I send 140-character market updates on Twitter a few times daily.

Anyway, on to the group&#8217;s predictions for the next [...]]]></description>
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		<title>Parsing The Fed (October 29, 2008 Edition)</title>
		<link>http://www.juniormortgage.com/news/parsing-the-fed-october-29-2008-edition/</link>
		<comments>http://www.juniormortgage.com/news/parsing-the-fed-october-29-2008-edition/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:16:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

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The Federal Open Market Committee voted to cut the Fed Funds Rate by one-half percent today.&#160; The benchmark interest rate now stands at 1.000 percent.
Many people assume that because the Fed Funds Rate fell, mortgage rates fell, too.  They have not.&#160; The connection between these two interest rates is a false association; a myth [...]]]></description>
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		<title>How Cutting The Fed Funds Rate Helps The U.S. Economy</title>
		<link>http://www.juniormortgage.com/news/how-cutting-the-fed-funds-rate-helps-the-us-economy/</link>
		<comments>http://www.juniormortgage.com/news/how-cutting-the-fed-funds-rate-helps-the-us-economy/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:16:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

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The Federal Open Market Committee adjourns from its 2-day meeting today after which the FOMC will issue its customary press release.
The majority of Wall Street expects a Fed Funds Rate cut to 1.000 percent &#8212; the lowest level since June 2004.&#160; Plus, it&#8217;s worth noting that some are calling for an all-time low &#8212; FFR [...]]]></description>
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		<title>Where To Find Mortgage Rates Clues Amid A Global Stock Selloff</title>
		<link>http://www.juniormortgage.com/news/where-to-find-mortgage-rates-clues-amid-a-global-stock-selloff/</link>
		<comments>http://www.juniormortgage.com/news/where-to-find-mortgage-rates-clues-amid-a-global-stock-selloff/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:15:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

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		<description><![CDATA[

I&#8217;ve been getting a disproportionate amount of &#34;Where do you think mortgage rates are headed&#34;-like questions from my clients lately.
If you&#8217;re among the curious, just ask your question aloud, then click the &#34;Shake Me&#34; button on the Magic 8-Ball at right.
The answer you get will be as accurate as any other one but at least [...]]]></description>
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		<item>
		<title>Bankrate.com Mortgage Trend Index (October 23, 2008)</title>
		<link>http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-23-2008/</link>
		<comments>http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-23-2008/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:15:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[reports]]></category>

		<guid isPermaLink="false">http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-23-2008/</guid>
		<description><![CDATA[
I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week&#8217;s survey is now available.
As a reminder:

The survey is for conforming mortgages only. 
Send me an email if you&#8217;d like an actual rate quote.
I send 140-character market updates on Twitter a few times daily.

Anyway, on to the group&#8217;s predictions for the [...]]]></description>
		<wfw:commentRss>http://www.juniormortgage.com/news/bankratecom-mortgage-trend-index-october-23-2008/feed/</wfw:commentRss>
		</item>
		<item>
		<title>30 Year Interest Rates Retreat to October Levels</title>
		<link>http://www.juniormortgage.com/news/30-year-interest-rates-retreat-to-october-levels/</link>
		<comments>http://www.juniormortgage.com/news/30-year-interest-rates-retreat-to-october-levels/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:15:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[news]]></category>

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		<description><![CDATA[Interest rates on the 30-year fixed-rate mortgage (FRM) drifted back under 6 percent last week according to the results of Freddie Mac&#39;s Primary Mortgage Market Survey released Wednesday morning, a day ahead of the usual schedule due to the Thanksgiving&#8230;(read more)
]]></description>
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		</item>
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		<title>New Home Sales Fall 5.3% in October</title>
		<link>http://www.juniormortgage.com/news/new-home-sales-fall-53-in-october/</link>
		<comments>http://www.juniormortgage.com/news/new-home-sales-fall-53-in-october/#comments</comments>
		<pubDate>Sat, 29 Nov 2008 14:15:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[news]]></category>

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		<description><![CDATA[New home sales in the U.S. fell more than expected, declining 5.3% in October to an annual pace of 433k, according to a report from the Commerce Department on Wednesday. The previous month&#39;s gain was revised downward to 0.7%. Economists were expecting&#8230;(read more)
]]></description>
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