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WASHINGTON (Reuters) – U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower interest rates was.
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Antonio Díaz condemns the Spanish justice system in front of the City of Justice court building in Barcelona, as he is about.
The inverted yield curve isn’t just spooking people over a possible recession – it’s doing weird things to mortgage rates,
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One silver lining from trade tensions with China and fears about a slowing global economy – the same factors whipsawing the stock market – is that mortgage rates are heading lower. That is helping.
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A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to.
MGIC Investment Corp. on Thursday elevated its finance chief to the role of chief executive, highlighting the mortgage insurer’s preference for internal candidates in the top seat. Milwaukee-based.
· Despite this, mortgage rates remained mostly level. As reported by Freddie Mac, the average offered rate for a conforming 30-year fixed-rate mortgage remained at a flat 3.60% for a second week. A conforming 15-year FRMs saw its average offered rate edged two basis points (0.02%) higher, landing at 3.07% for the week.
Mortgage Refinancing. Refinancing your mortgage allows you to pay off your existing mortgage and take out a new mortgage on new terms. You may want to refinance your mortgage to take advantage of lower interest rates, to change your type of mortgage, or for other reasons.