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Mortgage Rates Go Lower · Comment San Francisco Chronicle: Rates on 30-year-fixed mortgages fell this week, Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage dropped to 5.04 percent this week from 5.16 percent last week. Mortgage Rates Hold Steady · Comment CNN: The 30-year fixed rate remains at 5.34%, as homeowners get boost from stimulus bill and Obama unveils his housing fix. Mortgage Applications Soar; Rates Drop · Comment CNBC: Applications for U.S. home mortgages soared last week as fixed mortgage rates dropped below the key 5 percent level, as demand for refinancings surged, an industry group reported on Wednesday. Fixed-Rate Mortgages Creep Up · Comment Marketwatch: Rates on fixed-rate mortgages rose this week, as economic reports were better than what forecasts had expected, Freddie Mac’s chief economist said on Thursday. ***** 5/28 - Mortgage Rates Likely To Flounder · Comment Marketwatch: Greg McBride, senior financial analyst for BankRate.com, said in a radio interview that consumers are likely to see rates wavering, but not taking much of any trend for the foreseeable future. McBride noted that the Federal Reserve expects slower economic growth and inflation, and that the former typically leads to lower mortgage rates but the latter leads to higher rates. The mixed signals will keep rates directionless for months. 5/28 - Mortgage Application Volume Falls As Rates Rise · Comment Forbes: Mortgage application volume fell 4.6 percent during the week ending May 23, according to the trade group Mortgage Bankers Association’s weekly application survey. 
Mortgage Rates Decline A Bit · Comment Mortgage Rate Trend Surveys… See Current Rates And Trend Lines Drop In mortgage Rates Triggers January Refinancing Boom · Comment Is it a refi renaissance? Or a fast-closing window of opportunity?... |
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