Though Mortgage Rates Remain Historically Low The Demand For Mortgage Refinances Is Falling

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In: Refinance News

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As per a new survey from the country’s largest mortgage trade association, refinance applications rose, only once in eight weeks otherwise they have been continuously dropping, and the numbers are much lower than they were in 2020. With COVID-19 casesContinue Reading

The Low Mortgage Rates Trend Is Temporary And Likely To Climb In November

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In: Mortgage News

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If you’re planning a home purchase or refinancing it soon then now is the right time to lock a mortgage rate, because the next Federal Reserve meeting is set for Nov. 2-3. There is a strong possibility of the mortgageContinue Reading

Grab the low mortgage rates while you can!

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In: Refinance News

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Last updated on December 30th, 2022 at 11:08 pmSince last Monday the mortgage and refinance rates have ticked up, even if they remain at historic lows compared to 2019.  Today you may want to lock in a low rate onContinue Reading

This Week Mortgage Rates Hit Another Record Low

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:51 amIn a report on Thursday, Freddie Mac said, the average U.S. mortgage rate for a 30-year fixed loan fell to another record low at 2.8% this week.  The rate fell one-basis pointsContinue Reading

Lowest Mortgage Rates is it Real Or A Fantasy?

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:10 amComplex mortgage applications add costs to getting a loan. Every online mortgage advertisement boasts about historical low rates.  But when it comes to something as simple as loan program availability,  why areContinue Reading

30-year fixed mortgage rate still holds at a record low

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In: Mortgage News, Refinance News

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Last updated on February 3rd, 2021 at 10:18 amBankrate’s weekly survey shows the 30-year fixed mortgage held steady at a record low of 3.1%. Ken H. Johnson, real estate economist at Florida Atlantic University said, “10-year Treasury yields have remained steady allContinue Reading

Millions not taking advantage of refinancing in spite of the low mortgage rates

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In: Refinance News, Home Equity News

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Last updated on February 2nd, 2021 at 06:12 pmJust days after a report said nearly 18 million U.S. homeowners have good reason to refinance, now new data shows many mortgage holders are missing out on major savings. the Mortgage Bankers Association reported thatContinue Reading

Driving Factors for low Mortgage rates

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In: Refinance News

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Last updated on February 2nd, 2021 at 05:54 pmWe are just in the middle of the year and mortgage rates have been sliding down continuously for the sixth time, the demand for housing is rising with the mortgage interest ratesContinue Reading