Posts Tagged ‘Rates’

What Mortgage Rates at 4-Year Highs Does and Doesn’t Mean

You’ve probably already seen the alarming headlines, that mortgage interest rates rose this week to highs not seen in over four years. Gasp! It sounds like doomsday for mortgage rates, […]

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Mortgage Rates Vary by Lender, So Shop Around

While mortgages are largely a commoditized product, unlike perhaps a TV or a smartphone with unique technology, their cost can still vary considerably by lender. The reason mortgage rates are […]

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loanDepot Has a 150-Day Rate Lock for Those Who Want Today’s Rates This Summer

I came across a flyer today from loanDepot advertising a 150-day rate lock for borrowers interested in today’s mortgage rates, who are worried (like everyone else) that they’ll be a […]

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I Wish I Could Buy a Home While Interest Rates Are So Low

Continuing my series of “Things My Friends Say,” I had yet another thought-provoking conversation with a buddy about the current state of real estate. I don’t recall how we got […]

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Mortgage Rates Can Move Very Quickly

If the past six weeks has taught us anything, it’s that mortgage rates can and will move very quickly. And often in the wrong direction…yep, up, not down. The same […]

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Have Massive Home Price Gains Eclipsed the Benefit of Low Mortgage Rates?

The new threat to those resisting the urge to buy real estate (how dare you) is the risk of rising mortgage rates. All the pundits believe interest rates are headed […]

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All-Cash Home Sales Hit New High as Mortgage Rates Fall to 2014 Low

At first glance, the headline doesn’t make a lot of sense. Why would all-cash home sales increase if mortgage rates were hitting new lows for the year? Not only that, […]

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Despite Low Rates, Nearly Half of Homeowners Haven’t Refinanced Their Mortgages

At a time when mortgage rates are still in the bargain basement, one would think that a large majority would be taking advantage by refinancing their old mortgages. But that […]

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Mortgage Rates May Jump If Politicians Fail to Raise Debt Ceiling

While the government shutdown has essentially placed mortgage rates in a holding pattern, partially because key economic data isn’t being released (jobs report), the looming debt ceiling could be more […]

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NAHB: Increase Your Down Payment to Combat Higher Mortgage Rates

Everyone knows mortgage rates aren’t as low as they used to be. In fact, they’re currently up about 1% from the ultra low levels seen back in early May, per […]

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