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Lenders are offering incentives but buyers aren’t biting (access required)

Mortgage lenders are cutting closing costs and offering other promotional deals to entice prospective homebuyers to take action now. But the record-low interest rates don't seem to be enough for reluctant buyers in today's market. Lenders are still very picky about qualifications, but they need to boost their volume of strong mortgages to generate needed revenue. To stimulate ...

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