Tag Archives: fixed rate

What the Fed’s Rate Cut Means for Buyers

The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession took hold in 2008, though the move is not likely to deliver significant juice to an already favorable borrowing environment for home buyers. The … Continue reading

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Mortgage Rates Sink to New Low in 2014

Daily Real Estate News | Friday, August 22, 2014 Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate … Continue reading

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Mortgage Rates

30-Year Fixed-Rate Mortgage is Up Slightly for Second Week 30-year fixed-rate mortgage (FRM) averaged 4.86 percent with an average 0.7 point for the week ending March 31, 2011.  This is up from last week when it averaged 4.81 percent.  At … Continue reading

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