Tag Archives: mortgages

HARP Extended Through 2018

Daily Real Estate News | Wednesday, August 23, 2017 The Federal Housing Finance Agency announced that it is extending HARP, a popular government refinancing program, through Dec. 31, 2018. The Home Affordable Refinance Program was to expire on Sept. 30. … Continue reading

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Mortgage Rates Aren’t Budging

Daily Real Estate News | Friday, August 04, 2017 Mortgage rates have mostly held steady the past few weeks, with the 30-year fixed-rate loan still averaging below 4 percent. “The 10-year Treasury yield was relatively flat this week, as was … Continue reading

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Mortgage Rates Push Above 4% Average

Daily Real Estate News | Friday, July 14, 2017 Average mortgage rates are moving up, posting increases for the second consecutive week. “After fully absorbing the sharp increases in Treasury yields over the past couple of weeks, the 30-year mortgage … Continue reading

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Lower Rates Buoy Refis, Not New Mortgages

Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading

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Closing Timelines Get Even Shorter

Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading

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Mortgage Rates Set a New 2017 Low This Week

Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading

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Mortgage Rates Surprise By Nearing 2017 Low

Daily Real Estate News | Friday, April 07, 2017 The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. “The 10-year Treasury yield was … Continue reading

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Mortgage Rates Got Cheaper This Week

Daily Real Estate News | Friday, March 31, 2017 For the second consecutive week, average mortgage rates fell, lowering the borrowing costs of buyers. “The 10-year Treasury yield remained relatively flat this week,” says Sean Becketti, Freddie Mac’s chief economist. … Continue reading

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Borrowers Face Higher Mortgage Rates

Daily Real Estate News | Friday, March 17, 2017 For the second consecutive week, mortgage rates were on the rise. “As expected, the [Federal Reserve’s Federal Open Market Committee] announced its first rate hike of 2017 and hinted at additional increases … Continue reading

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