Tag Archives: mortgage rates

Drop in mortgage rates spurs refis, but not home sales

By Matt Carter | July 28, 2021 - 11:01 am |July 28, 2021 Uncategorized

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With rates on 15-year mortgages hitting a record low, requests to refinance accounted for two-thirds of mortgage applications. Continue reading →

If home prices don’t cool, watch for Fed tightening and rising mortgage rates

By Matt Carter | July 19, 2021 - 12:30 pm |July 19, 2021 Uncategorized

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Economists at Fannie Mae are again sounding warnings that rising rents and record home price appreciation could contribute to long-lasting inflation that leads to earlier, more aggressive tightening by the Federal Reserve. Continue reading →

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

By Daniel Houston | July 15, 2021 - 2:51 pm |July 15, 2021 Uncategorized

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The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading →

Dip in rates boosts demand for mortgages

By Matt Carter | July 14, 2021 - 7:54 pm |July 14, 2021 Uncategorized

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Last week’s dip in mortgage rates boosted applications for purchase loans and revived interest in refinancing, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading →

New study shows true impact of credit scores on mortgage rates

By Marian McPherson | July 8, 2021 - 8:03 pm |July 8, 2021 Uncategorized

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Digital mortgage marketplace OwnUp’s latest study revealed buyers with good credit scores can lose $40K in interest savings by failing to shop loan options. Continue reading →

Mortgage rates follow Treasury yields down

By Daniel Houston | July 8, 2021 - 7:54 pm |July 8, 2021 Uncategorized

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Mortgage rates were lower this week as U.S. Treasury yields dropped, but economic recovery could push them higher in the months to come. Continue reading →

Why home prices aren’t actually as high as they appear

By Matthew Gardner | June 29, 2021 - 9:00 am |June 29, 2021 Uncategorized

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Windermere Chief Economist Matthew Gardner dives deeper into the topics of inflation and home values, explaining why, contrary to popular opinion, inflation-adjusted house prices really haven’t skyrocketed. Continue reading →

Mortgage rates tick back above 3% as economic recovery continues

By Daniel Houston | June 24, 2021 - 4:16 pm |June 24, 2021 Uncategorized

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

Purchase loan demand up again, bucking increase in mortgage rates

By Matt Carter | June 23, 2021 - 11:00 am |June 23, 2021 Uncategorized

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Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in a month, according to a weekly survey by the Mortgage Bankers Association. Continue reading →

Mortgage rates continue to ease despite inflation worries

By Matt Carter | June 17, 2021 - 6:17 pm |June 17, 2021 Uncategorized

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Markets concur with the view that inflation increases are temporary, according to a Freddie Mac economist. Continue reading →