U.S. Mortgage Rates Jumps Higher

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In: Mortgage News

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U.S. contract rates expanded to a two-year high last week and could continue to rise, a pattern which might additionally crush first-time purchasers attempting to beat higher home costs and restricted lodging supply. Rates for a 30-year fixed-rate contract foundContinue Reading

Houston Housing Market Could be Impacted Due To Rising Interest Rates

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In: Realtor News

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The Houston region experienced record home deals in 2021, and business analysts and land agents accept the market will stay solid this year regardless of the Federal Reserve’s arrangement to begin bringing financing costs up in March. The interest forContinue Reading

Mortgage rates this week have increased above 3% reports PMMS

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In: Mortgage News

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According to the latest Freddie Mac, PMMS mortgage report, the Mortgage rates this week have increased above 3% The 30-year fixed-rate mortgage went up 12 basis points from 2.98% last week to 3.10%. Last year same time, it averaged atContinue Reading

Mortgage Rates Move Upward

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In: Mortgage News

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As a few important mortgage rates increased let us look at how that can affect our mortgage plans. The most frequently used loan term, average 30-year fixed mortgage interest rate increased by 1 basis point since last week it isContinue Reading