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Mortgage rates are at record lows. Save $1000s on your mortgage payment. Free quotes.
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Rates on 30-year and 15-year mortgages dipped this week, a development that should help keep the housing market humming. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent for the week ending Nov.
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By Bloomberg News. The number of mortgage applications declined last week as fewer people refinanced, a survey by a private group found.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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The price of money has gone up. Or more technically, long-term interest rates have jumped in recent weeks, rattling the already slumping housing market. When potential home buyers call for mortgage rate quotes these days, "they're shocked; they almost don't believe you," said Jim Foley, senior vi...
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There are two homes for sale in my neighborhood. One has curb appeal, the other does not. Both are the same four-bedroom model.
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Investor's Business Daily - The 30-year fixed rate averaged 5.48% for the week ended Jan. 24, down from 5.69% last week, as the Federal Reserve slashed key lending rates and the housing market weakened further, Freddie Mac said. It was the lowest rate since March 2004. The 15-year fixed rate dived 26 ticks to 4.95%. The 1-year Treasury-tied adjustable rate plunged 27 ticks to 4.99%.
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Investor's Business Daily - The Mortgage Bankers Assoc.&#39;s application index rose 0.9% to 631.6 in the week ended July 13, as homeowners rushed to refinance their loans due to fears that interest rates will head higher. Homebuyer applications fell. The 4-week moving average of applications fell 0.5%, down for the 8th straight week.
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Mortgages are complicated, and lending markets are in flux right now, but savvy, well-positioned consumers can still get the loans they need to buy, build, or refinance a home. They just need to pay attention to what's going on, says David Reed, a lending veteran based in Texas and co-author of "Mortgage Confidential."
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MCLEAN, Va. - Mortgage rates have risen this week, but they remain at the low levels seen for most of this year. Mortgage company Freddie Mac says 30-year fixed-rate mortgages have gone from an average 5.75 percent last week up to 5.81.
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$150,000 mortgage for only $550/month. Lower your mortgage - free quotes. Apply now - bad credit OK.
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Investor's Business Daily - Applications rose 2.4% in the week ended Sept. 14, the 3rd straight gain, the Mortgage Bankers Association said. Applications to refinance rose 4.6% as borrowers sought to prevent rate resets from boosting their monthly payments. Home purchase applications rose 0.9%. Fixed 30-year mortgage rates rose 4 basis points to 6.29%. The 1-year adjustable rate rose to 6.39% from 6.34%.
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If your mortgage rate is rising, is it time to refinance?
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Interest rates on US 30-year and 15-year mortgages edged higher this week amid signs the economy is improving, stoking inflation concerns, mortgage finance company Freddie Mac said on Thursday.
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Five steps to figuring out if refinancing your mortgage is really necessary right now.
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Refinance while rates are low. Save up to $1000s on your mortgage payment. Free quotes - bad credit OK!
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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.