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Today’s Mortgage Rates Lowest In 10 Weeks; 30-Year Drops To 3.66%

Prepared by Dan Green, Mortgage Market Expert Freddie Mac: Mortgage Rates Now Average 3.66% Mortgage rates are dropping, according to Freddie Mac. According to the federal agency’s Primary Mortgage Market Survey (PMMS), 30-year mortgage rates for conventional loans fell to 3.66%, on average, nationwide last

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You Don’t Really “Skip” A Mortgage Payment When You Refinance

Mortgage Rates Nearing All-Time Lows. Again. Mortgage interest rates are at historic lows, and there may never be a better time to refinance. It’s hard to imagine rates going any lower than the 3 percent range in which the are currently.

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Consumers Expect Higher Mortgage Rates In 2015, Says Study

MORTGAGE RATES AT 17-MONTH BEST Current mortgage rates are near a 17-month best, putting millions of U.S. homeowners “in the money” to refinance to lower rates and payments. But will low interest rates last? Consumers say no. According to a monthly survey

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REFINANCING: Why Mel Watts Heading Fannie Mae And Freddie Mac Will Push HARP 3.0 To The Forefront

Waiting for HARP 3 to pass Congress? Your wait may be just about over. Within days or weeks, congressional representative Mel Watts is expected to be confirmed as the new head of the Federal Housing Finance Agency (FHFA). The controls

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Is This Your Last Chance To Refinance? Just 4% Of Americans Expect Lower Mortgage Rates In 2014.

An overwhelming majority of U.S. consumers expect mortgage rates to rise next year. The data comes from Fannie Mae’s National Housing Survey, a survey of 1,000 households which reflects changing American attitudes toward housing and mortgages. The negative outlook on mortgage

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U.S. Banks Now Make It Easier To Get A Mortgage; What It Means, Plus Today’s Mortgage Rates

For “prime” borrowers, it’s getting easier to get a mortgage. According to a Federal Reserve survey of more than 65 banks, very few lenders are tightening mortgage guidelines anymore as the U.S. economy improves, and as home values climb nationwide.

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The HARP 2.0 Program May Have Run Its Course; Housing Market Paves The Way For HARP 3.0

Another 85,000 Home Affordable Refinance Program (HARP) mortgages closed in May, putting the 4-year-old program on pace to close more than 1 million loans this year for the second straight year. However, the program for “underwater homeowners” is now less-so.

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