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For some homeowners, now may be the first time they can come out ahead on a previously underwater mortgage.
As signed contracts to buy homes slip, housing recovery remains choppy.
The average interest rate on a 30-year fixed mortgage is the same as last week, Freddie Mac says.
Mortgage applications increased 2.4 percent this week, buoyed by more refi activity.
If homeowners aren't competing with banks when selling homes, the news may be good.
Numerous factors make homebuying advantageous for the rest of this year.
Here's help deciding which option works best for you to tap the equity your property has built.
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