Tag Archives: 15 year fixed rate mortgage

Mortgage applications decrease 1%

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Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. Continue reading →

Mortgage rates drop to 30-year low

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The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →