With Yields Curving Arms Coming Back With A Big Bang

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In: Mortgage News

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When the COVID-19 pandemic hit the housing markets, the 30-year fixed-rate mortgages came in at such great rates that some ARM programs were suspended by some of the largest wholesalers. Recently they have been reintroduced. The chief production officer, JeffContinue Reading

30 Year Fixed Mortgage Rates Record Low At 2.78%

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In: Mortgage News

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Last updated on February 3rd, 2021 at 12:04 pmU.S. long-term mortgage rates were flat to lower this week, as the key 30-year rate fell to a new all-time low for the 12th time this year. Sam Khater vice president, chiefContinue Reading