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Tag Archives: Refinance

Low Long-Term Rates Continue to Spur Refinancing

Mortgage refinance applications drop, however, homeowners are still taking advantage of historically low long-term rates. What does the future hold in terms of rates?

Get Rid of Your Adjustable Rate Now!

The Fed raised short-term interest rates for the 12th time this month. They're expected to raise it twice more. Find out why now's the time to get rid of your adjustable rate mortgage and lock into a fixed rate.

The Fed’s Rate Hikes Encourage Applications for Fixed Rate Mortgages

Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?

The Fed's Rate Hikes Encourage Applications for Fixed Rate Mortgages

Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?

Lenders Raise the Limit for Jumbo Loans

Fannie Mae and Freddie Mac are expected to increase the loan limit for jumbo-sized loans. Some lenders are already allowing clients to borrow up to $400,000 with lower non-conforming interest rates. Could this mean big savings for you?

Mortgage Applications Fall As Energy Costs Soar

The Mortgage Bankers Association reports that mortgage applications for the week of Sept. 30 decreased slightly. What does this mean for you if you have an adjustable rate mortgage?

In Case of Emergency

Car broke down? Lost your job suddenly? Having extra money set aside for unexpected financial setbacks is something that many of us think about, but few of us actually do. Find out two ways to put money aside for that rainy day.

Mortgage Applications Increase for Week Ending September 2

For the week ending September 2, mortgage applications rose 6.8%. Find out how the housing market is reacting to the drop in interest rates.

Mortgage Applications Off 0.3%

The Mortgage Bankers Association reported that mortgage applications fell by less than one percent last week. See how the Federal Reserve meeting next week could impact applications.

Rates Slide as Employment Report is Released

The U.S. Department of Labor released lower than expected May employment figures this morning. As a result, the 10 year Treasury yield is nearing 40 year lows and mortgage rates are following.