ADV: Refinance Rates Just Got Lower
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$150,000 mortgage for only $550/month. Lower your mortgage - free quotes.
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Investor's Business Daily - The average 30-year fixed rate fell to 6.31% vs. 6.46% the week prior, while average 15-year rates dipped to 5.97% from 6.31%. One-year ARMs fell to 5.66% from 5.74%, Freddie Mac said. The government-sponsored lender said the dip could &quot;give some relief&quot; to borrowers looking to refinance loans or buy a home.
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WASHINGTON -- Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the second lowest level of the year, pushed down by further signs of economic weakness.
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Mortgage refinancing is available ... for those who need it least.
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Investor's Business Daily - Average 30-year rates dipped to 6.67% from 6.69% from the week prior, Freddie Mac said, citing slower home sales. Average 15-year rates fell to 6.34% from 6.37%, while one-year ARMs fell to 5.65% from 6.37%. It&#39;s the second week of declines after a month of increases. Rates remain below year-ago levels.
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Investor's Business Daily - Average 30-year rates jumped 10 basis points to 6.73% from a week ago, reversing three weeks of mild declines, Freddie Mac said. That&#39;s near the year-ago rate of 6.74%. Average 15-year rates rose to 6.39% vs. 6.3%, while one-year ARMs rose to 6.45% from 6.29%. Higher rates may keep housing weak through the second half.
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But Freddie Mac predicts only a slight increase in rates over the year; 30-year fixed-rate at 5.83%. NEW YORK (CNN/Money) - Mortgage rates rose in the latest week, according to a report released Thursday that
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If your mortgage rate is rising, is it time to refinance?
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Sometimes you should say "no" when your lender gives you more room to spend.
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Despite five consecutive interest rate hikes by the Federal Reserve, the average 30-year fixed-rate mortgage is an unbelievably low 5.69 percent.
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Compare up to four lenders and lower your mortgage payment or get a new home mortgage. Find the lowest rate! Interest-only programs available. Home refinance and purchases. 1.096&#37; APR.
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Investor's Business Daily - The 30-year fixed mortgage rate averaged 6.53% in the week ended June 7, up from 6.42% last week and the highest since Aug., Freddie Mac said. It was at 6.62% last year. The 15-year fixed rate rose 0.1 point 15 6.22%. &quot;Mortgage rates climbed this week owing to market concerns of a tight labor force and wage growth,&quot; said Frank Nothaft, Freddie Mac vice president and chief economist. He said housing probably won&#39;t recover before year-end.
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Citing a Massachusetts law that just went into effect, Morgan Stanley and Citigroup Global Markets Realty Corp. could stop purchasing a category of mortgages refinanced by Massachusetts homeowners, a move that could make it harder to refinance a home loan.
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Interest rates on U.S. 30- and  15-year mortgages fell this week to their lowest levels since  early April as the housing market showed little sign of slowing  despite the Federal Reserve's move to raise interest rates,  mortgage finance company Freddie Mac said on Thursday.
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WASHINGTON, Aug. 19 (Xinhuanet) -- The average interest rate of 30-year mortgages in the United States declined to the lowest level in four months this week, US mortgage giant Freddie Mac reported on Thursday.
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Bye-bye, PMI. So long, souped-up interest. Time to streamline your mortgage budget.
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Think before you fall for an attractive low payment on a longer-term loan.