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Mortgage rates dip to 2017 low, but homebuyers sit on the sidelines | Latest News
Mortgage rates dip to 2017 low, but homebuyers sit on the sidelines
Mortgage rates have dipped to their lowest level of 2017, just in time for homebuying season. Uh, we're going to have a homebuying season this year, right? With the 30-year, fixed-rate mortgage averaging 4.16 percent this week, home loans haven't been this ... read more
Will 2017 Be As Disruptive As 2016 Was For Mortgage Lending?
Meanwhile, rising home prices, a general lack of inventory and a lack of affordability were headwinds that slowed home sales and left many potential first-time and underserved home buyers on the sidelines – despite the low, low mortgage interest rates ... read more
Record-low mortgage rates: Who cares?
CHICAGO (MarketWatch) -- Mortgage ... home-buyers. "The decline we've seen in recent weeks is marginal in the sense that mortgage rates were already low," McBride said. "If an $8,000 tax credit didn't get you off the sidelines, another little dip in ... read more
How low can mortgage rates go?
It appears these low mortgage rates are going to be around for a while. “That’s absolutely a fair assumption,” Lipnick said. “There are people that sit on a different side ... to see more first-time new home buyers,” he said. read more
Despite Low Rates, Homebuyers Likely to Stay Home
Experts say the historically low mortgage and interest rates are nonetheless unlikely to drive homebuyers ... sidelines because they're worried about all the economic uncertainty. A lot of them keep hearing ├â┬ó├óÔÇÜ┬¼├ï┼ôdouble dip ... read more
Three Goals for First-Time Homebuyers
You may like the idea of owning your own place, but according to a recent news report, many would-be first-time homebuyers are sitting on the sidelines ... get a mortgage with a credit score in the low 600s, but you’ll pay a higher mortgage rate, which ... read more
Rising Mortgage Rates Help Boost Purchase Mortgage Market Share
2017). Should You Apply? See Today's Mortgage Rates. If you've been sitting on the sidelines, waiting to refinance, you may have missed the mortgage rate bottom. Rates are still low, however, and there are savings to be made. Even a zero-closing cost ... read more
How Rising Mortgage Rates Could Affect The Housing Recovery
In the week ending June 6, the 30-year fixed rate mortgage clocked 3.91% in its fifth consecutive weekly gain, according to Freddie Mac, after hitting its highest level in a year last week. That’s 18% higher than the 3.31% record low set in November of ... read more
Mortgage Rates Are Rising, but It’s Not Too Late to Cash In
The news has left many prospective homebuyers and refinancers worried that they’re too late. “Everyone has been waiting for the bottom and sitting on the sidelines ... a dip need not be a goal. “You are in a historically low interest rate environment ... read more
MORTGAGE RATE ALERT: Don't Panic
you have likely seen rates go as low as they're gonna go. At this point the lock/float decision is starting to split hairs. The current mortgage rate/closing cost structure is extremely aggressive. It's time to lock in the terms of your loan." So if you're ... read more
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