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The Benefits of a Fixed-Rate Mortgage: Stability and Predictability for Homeownership
The interest rate is fixed throughout the loan in a fixed-rate mortgage, which usually lasts 15 or 30 years. Borrowers who choose this sort of mortgage benefit from a degree of stability and predictability, which enables them to plan better and...
Weekly Mortgage Rates Climb to 4-Year High
Monthly mortgage rates climbed to the highest level in two years, while the weekly average was the highest it's been in more than four years. During February, annual percentage rates offered on purchase-money mortgages were 4.80 percent, up 25...
Mortgage Rates Up But Could Tumble
Mortgage rates made a modest weekly ascension. While the long-term economic outlook has interest rates on residential loans climbing, the short-term forecast is for a sharp drop. Thirty-year fixed rates on conforming mortgages that were utilized to...
Weekly, Monthly Rates Up Again, Likely to Continue
Mortgage rates increased on a weekly and monthly basis to the highest level since 2014, and more ascension is expected. Rising rates are driving more borrowers into adjustable-rate mortgages. Average 30-year note rates on single-family loans that...
Alternative Valuations Could Hurt RMBS Quality
Increased utilization of alternative real estate valuations could have a negative impact on the quality of residential mortgage-backed securities. But there are some positives to the shift. In an effort to cut operational costs, increase...
Mortgage Rates Jump to Nearly 4-Year High
Interest rates on residential loans continued to rise, this time to the highest level in nearly four years. The outlook is for continued escalation over the next week. Freddie Mac's Primary Mortgage Market Survey for the seven days that finished on...
Mortgage Rates Jump to Highest Level Since 2016
Weekly fixed interest rates on residential loans escalated to the highest level since 2016. The outlook for next week's report is a further ascension. In its Mortgage Offers Report, LendingTree.com said 30-year fixed rates offered by its lender...
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Weekly Mortgage Rates Climb to 4-Year High
Monthly mortgage rates climbed to the highest level in two years, while the weekly average was the highest it's been in more than four years. During February, annual percentage rates offered on purchase-money mortgages were 4.80 percent, up 25...
Mortgage Rates Up But Could Tumble
Mortgage rates made a modest weekly ascension. While the long-term economic outlook has interest rates on residential loans climbing, the short-term forecast is for a sharp drop. Thirty-year fixed rates on conforming mortgages that were utilized to...
Weekly, Monthly Rates Up Again, Likely to Continue
Mortgage rates increased on a weekly and monthly basis to the highest level since 2014, and more ascension is expected. Rising rates are driving more borrowers into adjustable-rate mortgages. Average 30-year note rates on single-family loans that...
Alternative Valuations Could Hurt RMBS Quality
Increased utilization of alternative real estate valuations could have a negative impact on the quality of residential mortgage-backed securities. But there are some positives to the shift. In an effort to cut operational costs, increase...
Mortgage Rates Jump to Nearly 4-Year High
Interest rates on residential loans continued to rise, this time to the highest level in nearly four years. The outlook is for continued escalation over the next week. Freddie Mac's Primary Mortgage Market Survey for the seven days that finished on...
Mortgage Rates Jump to Highest Level Since 2016
Weekly fixed interest rates on residential loans escalated to the highest level since 2016. The outlook for next week's report is a further ascension. In its Mortgage Offers Report, LendingTree.com said 30-year fixed rates offered by its lender...
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