mortgage rates

Experts Say Don’t Worry. They Will Make It Out There In The Coming Years

Today’s News Synopsis: Where’s all the missing homes for sale?  Mortgage rates increased slightly with 30-year rates now at 3.18% and 15-year rates at 2.62%.  In some good news, jobless claims fell to their lowest since March to 1.9 million. In The News:   Freddie Mac – “Mortgage Rates Tick Up Slightly” (6-4-2020) “Freddie Mac (OTCQB: …

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There Are A Few Things Your Lender Wants You To Know

Today’s News Synopsis: Getting a mortgage during the pandemic?  Mortgage rates decreased again to another all-time low with 30-year rates now at 3.15% and 15-year rates at 2.62%.  Despite an increase in foreclosure moratoriums, the amount of zombie properties holds steady. In The News:   Freddie Mac – “Mortgage Rates Hit Another All-Time Low” (5-28-2020) …

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The Hot List

Today’s News Synopsis: Realtor.com shows us with markets remained strong even in the midst of the pandemic.  Mortgage rates remained relatively the same, only up ticking slightly with 30-year rates now at 3.28% and 15-year rates at 2.72%.  New home purchase applications decreased by 12% according to the Mortgage Bankers Association. In The News:   …

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iBuying is Back

Today’s News Synopsis: Which sector of the real estate industry is already doing business again, creating new features allowing people to sell their homes?  Mortgage rates went up a little this week with 30-year rates now at 3.26% and 15-year rates at 2.73%.  77% of potential homeowners place to sell one the stay-at-home orders are …

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Surprisingly Strong

Today’s News Synopsis: Home buying demand amidst job loss and Covid-19.  Mortgage rates remained flat with 30-year rates now at 3.33% and 15-year rates at 2.77%.  The amount of mortgage credit available decreased to its lowest in 5 years. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (4-9-2020) “Freddie Mac (OTCQB: FMCC) today released the …

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