Posted by January - 24 - 2012 ADD COMMENTS

Freddie Mac 's (NYSE: FMCC) weekly rate report says 30-year fixed-rate mortgages averaged 3.88 percent during the week ending Jan. 19, down from 3.89 percent the previous week. It is the seventh consecutive week that 30-year rates have declined.

24 (Bloomberg) — Newt Gingrich's consulting firm yesterday released a copy of its 2006 contract with Freddie Mac, which covers just one year of his multiple years of service and documents only $300000 of the $1.6 million he received from the mortgage

If you or someone you know has lost a job and are in danger of falling behind on mortgage payments, here's some potentially important news: The two largest players in home mortgages, Fannie Mae and Freddie Mac, are revising their policies on

The contract covers one year, 2006, and paid the Gingrich Group $300000.

The hits on a theme that may resonate in Florida, which was hit hard by mortgage defaults and home foreclosures.

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