Category Archives: Trends

30-Year Fixed Mortgage Rate Plummets to 19-Month Low

The average 30-year fixed mortgage in the U.S. touched a 19-month low, slipping from 3.87% to 3.73% last month.The average 15-year mortgage rate also took the hit, slipping from 3.15% to 3.05%. Last year, during the same period, 30-year mortgage … Continue reading

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Housing Market Analysis 2015

Stepping in the year 2015, we’re on the cusp of witnessing a noticeable shift in the housing market. With a strong tailwind from economic recovery and declining unemployment rates, housing market is heading up for an optimistic start in 2015. … Continue reading

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A Quick Guide to Buying Foreclosure Property

U.S. housing market is witnessing a fall in the mortgage rate consecutively for 6 weeks. Now when interest rates are at a new low, foreclosure home inventory is surging like never before. As per foreclosure report of RealtyTrac for Jan’14, … Continue reading

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U.S. Mortgage Rate on a Falling Streak

Average 30 year fixed mortgage rate slipped from 4.14% to 4.12% last week. Average 15 year fixed mortgage rate plummeted as well, from 3.25% to 3.21%. This is the fifth straight week of U.S. mortgage rates continuing to tumble down. … Continue reading

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Top 7 Mortgage Trends in 2014

The year 2014 is expected to bring a significant transition to the mortgage industry. Here are the top 5 mortgage trends, good and bad for this year. 1. Mortgage rates likely to rise in 2014 Fannie Mae and Freddie Mac … Continue reading

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