ADV: Refinance Rates Just Got Lower
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$150,000 mortgage for only $610/month. Lower your mortgage - free quotes.
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The refi boom was .... well, so last year. Now it's time to arrange a home equity line of credit that you can use as you'd like.
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Don't fall for overly high yields.
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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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Long-term mortgage rates aroundthe United States moved up this week, but rates on 30-year mortgages for all of 2004 registered their second-lowest year on record, the mortgage wholesaler Freddie Mac reported Wednesday.
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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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After a shallow, one-week dip, mortgage rates have risen to just about where they were two weeks ago. Rates are still low. The question is whether they are low enough to keep the housing market hot.
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Late summer brought no relief from soaring foreclosures. The number of homes in some stage of default jumped 36 percent month-over-month in August, according to a regular monthly survey.
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Business & money: Â· US economy cools with housing market problemsÂ· Bank rates expected to go in opposite directions
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More than a fifth of people who have come off fixed-rate mortgages have found it hard to meet their repayments.
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SAVERS in Abbey's Instant Access Isa should switch out of the account  or they will see their interest rate drop by as much as 1.05pc. On July 1 this account 'converts' into the lowerpaying Easy Isa.
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How to unload your property during a real estate downturn.
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WASHINGTON -- Rates on 30-year and 15-year mortgages fell this week to the lowest levels seen in six months, good news for people wanting to buy a home or refinance.
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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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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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The US Federal Reserve cuts interest rates from 4.75% to 4.5% to help kickstart housing and credit markets.
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Go from zero to 80 grand by shifting a few financial gears.