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Whipsawing financial markets notwithstanding, financial advisors should be able to deliver encouraging news to clients looking to take out a mortgage as homebuying season approaches, according to Ellie Mae’s January Originations Insights Report. With mortgage rates at their lowest level in 10 months, a number of trends giving clues for what to expect from originations this year and how a.
WASHINGTON – Average. rate for the 30-year loan increased to 4.37% from 4.33% last week. The average for the 15-year mortgage rose to 3.39% from 3.35%. A report Wednesday from the Commerce.
“This month, the Loan Application Defect Index surged higher as rising mortgage. as the spring home buying season warms up,” he says. Whether borrowers will continue to seek affordability by.
Freddie Mac: Mortgage rates moderate, giving way to a. – Mortgage interest rates have begun to moderate, giving way to a healthier spring homebuying season, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate.
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WASHINGTON (AP) – U.S. long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the start of the Spring homebuying season in March.
“This is great news for consumers who will be looking for homes during the upcoming spring homebuying season.” In that weekly report, U.S. mortgage rates inched lower once again to an average APR of 4.41 percent on the standard 30-year fixed-rate loan.
After a slow start, the spring homebuying season is gaining momentum — and so are home prices. The National Association of Realtors (NAR) reports pending home sales rose 3.8 percent in March from.
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Mortgage Rates Rise as Spring Home Buying Season Heats Up. – After hitting a low point last month, mortgage interest rates are continuing to tick back up along with activity in the home-buying market for spring. Rates rose to an average 4.17% on a 30-year.
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WASHINGTON (AP) – U.S. long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the start of the Spring homebuying season in March. Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage declined to 4.35 percent from 4.37 percent last [.]
The average 30-year mortgage rate dropped one basis point to 4.59 this week according to secondary market mortgage participant Freddie Mac, as rising rates and higher home prices are tempering a.