Earlier this week, the Federal Reserve voted to keep interest rates steady. That has already translated into positive results for homebuyers. However, it probably won’t stop there. Read the complete article here
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Real Estate, Mortgage and Insurance News
We are going to offer the very latest news from the world of real estate. This will include the latest home mortgage interest rates for your new home loan or refinancing and homeowners insurance news to help you protect your new home. Make sure to bookmark our site or subscribe to it using the link above.
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Archive for the 'Mortgage News' Category
Fed’s Interest Rate Decision “Very Positive”
Posted by Moderator on August 12th, 2006Mortgage Trend Toward Refinancing
Posted by Moderator on August 12th, 2006Research shows that first time mortgage loans are down but a growing trend in refinance and home equity loans.
“While the market has been explosive over the last few years, we are seeing a general overreaction to market slowdowns,” said Nabil Dajani, President of Orlando based brokerage firm Homestar Funding. “Many homeowners have had significant equity […]
Mortgage Rates Drop
Posted by Moderator on August 10th, 2006The Federal Reserve voted to hold interest rates steady earlier this week. In response, for the third week in a row and the fifth time in the last 6 weeks, mortgage rates have fallen. The average 30-year fixed rate mortgage fell to 6.57 percent, the lowest since April 19.
The average 15-year fixed rate […]