Zillow (Z) Reports 30-Year Fixed Mortgage Rate Increased 8 bps to 3.75% W/W
The 30-year fixed mortgage rate on Zillow (Nasdaq: Z) Mortgages is currently 3.75 percent, up eight basis points from this time last week. The 30-year fixed mortgage rate rose throughout the week before settling at the current rate. "Mortgage rates ... [...]
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U.S. mortgage rates fall again, still under 4 percent
U.S. mortgage rates took a tumble in the past week bringing good news to home buyers, according to Freddie Mac. The average 30-year fixed mortgage averaged 3.84 percent for the week ending Aug. 27, a significant decrease from 3.93 percent the previous ... [...]
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Choosing the Best Type of Mortgage
Mortgage borrowers having to choose between the different types of mortgages face a puzzle, which may be particularly perplexing today. Interest rates remain low by historical standards, the spread between fixed and adjustable rates remains large, but ... [...]
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UK mortgage lending confirms market strength
Stronger mortgage lending is a fresh sign the British property market has recovered its momentum and is ready to rise at a faster rate during the second half of the year. House prices started cooling as 2014 came to a close, when regulators introduced ... [...]
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Struggling With Your Mortgage? 7 Programs Can Help
The Principal Reduction Alternative program works with HAMP to encourage mortgage servicers and investors to reduce the amount of principal on mortgages not backed by the government. You must owe more than your home is worth and have a mortgage ... [...]
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Why the 'Bernanke Bubble' still haunts Yellen and the Fed
When Ben Bernanke was the head of the Fed, he used to point to the market as evidence that that U.S. central bank's policies were working. In late 2010, Bernanke wrote in an editorial in The Washington Post that a rise in stock prices was one of the ... [...]
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Will Getting Pre-Approved for a Mortgage Hurt My Credit?
Hard inquiries on your credit can be a troublesome sign. But the major credit bureaus also see the value of comparison shopping – and that's why they cut homebuyers some slack. Let's take a closer look at how shopping around for a mortgage will affect ... [...]
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Mortgage holder offers $6.5 million for Downer Avenue retail buildings in …
MILWAUKEE — The mortgage holder for some retail properties along North Downer Avenue in Milwaukee placed the one and only bid in a foreclosure auction Monday, August 31st. They offered $6.5 million. The property includes the Downer Theatre, and ... [...]
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Mortgage application defects keep rising
The rate of defects found on mortgage loan applications is on the rise, according to a new report from First American Financial (FAF). First American's Loan Application Defect Index for July found that loan application defects rose 4.9% from June to ... [...]
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