Category: Financing
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30-Year Fixed Mortgage Rates Drop Below 4%
30-Year Fixed Mortgage Rates Drop Below 4% Mortgage rates have gone from cheap to dirt cheap in the span of one week, thanks to fixed-rate home mortgages falling to below 4% and hitting new lows for the year. Now, buyers can lock in the lowest rates of the year at 3.97% for a 30-year fixed-rate…
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Mortgage Rates Inch Up But Stay Near Year Lows
After weeks of holding steady at their lowest levels of the year, mortgage rates for most U.S. home loans saw marginal increases this week. The average for a 30-year fixed-rate mortgage rose to 4.12% from 4.10% last week, according to the latest survey from mortgage buyer Freddie Mac. A year ago at this time, the…
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Mortgage Rates Hold at Yearly Low This Week
The 30-year fixed-rate mortgage is heading into the holiday weekend at its yearly low, giving home shoppers and home owners another opportunity to snag the lowest rate of the year, Freddie Mac reports in its weekly mortgage market survey.
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Fixed Mortgage Rates Tick Down
Recently, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly as we head into the spring home buying season.”Mortgage rates eased a bit following the decline in 10-year Treasury yields,” says Frank Nothaft, vice president and chief economist, Freddie Mac. “Also, the economy added…