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Refinancings Soar as Mortgage Rates Remain Low

RISMEDIA, September 3, 2010—(MCT)—For anyone under the age of 57, mortgage rates are now the lowest they’ve been during your life. This fact isn’t lost on a growing number of homeowners who have started a new wave of refinancings. The Mortgage Bankers Association reported this month that refinancing applications are up 26% during the past four weeks and account for about 82% ...

Freddie: Mortgage Rates Down Again; 30Yr Fixed At Record 4.36%

Mortgage rates again edged lower the past week, with the average rate on fixed-rate mortgages extending their record lows, according to Freddie Mac's (FMCC) weekly survey of mortgage rates. Rates have fallen in recent months with the prolonged rally in the Treasury market that's been prompted by volatility in stocks. Higher Treasury prices mean lower yields on the debt, and mortgage rates tend to track ...

Survey: Americans Still Eager to Buy

Nearly 25 percent of adults say they plan to purchase a home in the next five years and half of those (53.5 percent) will be first-time home buyers, according to a survey commissioned by Move Inc., operator of Realtor.com.More than 18 percent cite the $8,000 tax credit as a motivating factor. Potential home buyers with higher incomes are more interested in the tax credit than those in lower income ...
Viewing Posts tagged credit score. 3 Posts Found.
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