Category: Home Buyers
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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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Who Pays America’s Highest (and Lowest) Property Taxes?
Who Pays America’s Highest (and Lowest) Property Taxes? The second biggest cost of home ownership—following the mortgage—is usually property taxes. In 2012, U.S. homeowners paid an average of about $2,800 in property taxes, according to a recent Zillow study. And if you live in New York, New Jersey, or Colorado your taxes were in some…
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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…
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Can You Still Buy A Home With A Zero Down Mortgage?
Are you considering buying a home this year? Most would have you believe that you need at least a 3.5% down payment to get a mortgage. But there are actually a few ways you can get a home with a zero down mortgage. Here’s what you’ll need to get the keys: a good credit score…