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Refinancings rise as mortgage rates hit 4.56 pct.

NEW YORK (AP) -- The lowest mortgage rates in decades are just too good for some people to pass up.

Brokers are reporting rising interest in home refinancings as rates on a 30-year fixed loans have hit record lows in four of the past five weeks. This week the average rate fell to 4.56 percent, the lowest since mortgage company Freddie Mac began tracking rates in 1971.


Weekly applications to refinance home loans have nearly doubled in July from April, according to the Mortgage Bankers Association.

"If they can get a...

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Microsoft 4Q net income surges 48 percent
 

SEATTLE (AP) -- Microsoft Corp. said Thursday that its net income surged 48 percent in the most...

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U.S. court throws out Mattel win over Bratz doll
 

NEW YORK (Reuters) - A federal appeals court said Mattel Inc was wrongly granted ownership of...

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Refinancings rise as mortgage rates hit 4.56 pct.
 

NEW YORK (AP) -- The lowest mortgage rates in decades are just too good for some people to pass...

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Networking with Ceil
By Ceil Hansen

Ceil Hansen runs a Los Angeles based software technology and executive marketing consulting firm...

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This section specializes in helping small businesses in Los Angeles County better prepare for public contracts and inform them on programs available to them as small business owners.


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