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Home >> Tag Archives: Mortgage Rates

Tag Archives: Mortgage Rates

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Refi Share Makes Comeback in January

Refi Share Makes Comeback in January

Based on a sample of loans originated on the company's platform, Ellie Mae reported that refinances accounted for 51 percent of loan volume in January, a jump of 8 percentage points from December. The spike put refinance share at its highest in more than a year and a half.

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Mortgage Rates Continue to Tick Down

Mortgage Rates Continue to Tick Down

The average interest rate for a 30-year fixed-rate mortgage (FRM) slipped 7 basis points in the last week, settling at 3.59 percent (0.7 point) for the week ending February 5, Freddie Mac reported Thursday. "Mortgage rates fell this week following the release of weaker than expected pending home sales, which fell 3.7 percent in December," said Len Kiefer, deputy chief economist for Freddie Mac.

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Mortgage Applications Rise to End January

Mortgage Applications Rise to End January

The Mortgage Bankers Association (MBA) said Wednesday that mortgage loan applications rose a seasonally adjusted 1.3 percent for the week ending January 30. It was the third increase of the month, following a minor holiday-adjusted drop the previous week.

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Survey: Americans Unconcerned About Mortgage Rates

Survey: Americans Unconcerned About Mortgage Rates

In findings released Monday, Bankrate.com revealed that out of 1,000 adults polled last month, more than three in five would prefer to own a home instead of renting, even if mortgage rates jump by more than a full percentage point above their current level. As of last week, Bankrate's measure for the average 30-year fixed mortgage rate was 3.80 percent.

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Mortgage Rates Hold Near All-Time Lows

Mortgage Rates Hold Near All-Time Lows

According to data released by Freddie Mac on Thursday, the average interest rate for a 30-year fixed-rate mortgage loan was 3.66 percent (0.6 point) for the week ending January 29. This week's movement marked a slight increase from last week's average 3.63 percent—the first time this year that rates have gone up in the company's survey.

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