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mortgage delinquencies fall in june, still near record highs
after rising in may, the rate of mortgage delinquencies and foreclosures fell in june.mortgage rates hit low of 4.54 pct.
mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.mortgage-bond spreads surpass lows reached during fed buying
yields on fannie mae and freddie mac mortgage securities that guide u.s. home-loan rates reached record lows relative to 10-year treasuries as investors search for higher returns amid limited refinancing by borrowers.summary box: mortgage applications down percent
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