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Millennials are refinancing in waves — especially older ones

Thanks to record-low mortgage rates, refinancing activity has jumped in recent weeks — especially with older-aged Millennials.

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New-Home Construction Rises Modestly in September, Driven by a Northeast Building Boom

While single-family housing starts have improved, the multifamily sector is struggling, the latest report from the U.S. Census Bureau shows.

The post New-Home Construction Rises Modestly in September, Driven by a Northeast Building Boom appeared first on Real Estate News & Insights | realtor.com®.

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Current Mortgage Rates Rise to Start the Week

Here we go with another week. Current mortgage rates have been rising steadily over the past month, a trend that we expect to persist for the foreseeable future. Inflation data, overseas trade negotiations, and speaking engagements from the Federal Reserve should be the main market movers this week. Read on for more details. Where are… View Article

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HIRO Mortgage Program 2021: The High LTV refinance option

The HIRO program (high-LTV refinance option) lets homeowners refinance into today’s low mortgage rates with little or no equity and easier documentation.

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Have We Seen The End of Record Low Rates?

While it might not seem like the sort of thing mortgage rates should care about, the senate run-off election in Georgia was by far and away this week’s most important event. This wasn’t a surprise either. In fact, interest rates have been bracing for this potential impact since the inconclusive results in early November. But why do rates care about politics? Actually, they don’t! Not too much, anyway. Rates care about the prices and yields of certain bonds in the bond market above all else. Bond prices can take a variety of cues, but the most basic and most objective input is that of supply and demand. Supply and demand can be influenced by several underlying factors. For instance, the Fed currently buys more than $100 billion in bonds each month. That has a huge impact on the demand side of

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Mortgage applications drop for second straight week

The Mortgage Bankers Association reported that applications decreased 1.2% during the week ending Dec. 4 in its latest weekly survey — the second straight week of application decreases.

The post Mortgage applications drop for second straight week appeared first on HousingWire.

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Mortgage rates have fallen to a record low — for the 9th time this year – CNN

Mortgage rates have fallen to a record low — for the 9th time this year  CNN

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How to Buy a HUD Home at the Hudhomestore Website?

Using the Hudhomestore to buy a HUD home is easy. If you’re looking to buy a HUD home, the Hudhomestore website is the best place to do it. It can be found here at hudhomestore.com. HUD homes are listed for sale at the site. While anyone can buy a HUD home, you will need to …

The post How to Buy a HUD Home at the Hudhomestore Website? appeared first on GrowthRapidly.

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Is Now a Good Time to Buy a House?

When you’re thinking about taking the plunge into homeownership, timing the market may not be as important as taking stock of your personal finances and lifestyle.

The post Is Now a Good Time to Buy a House? appeared first on Discover Bank – Banking Topics Blog.

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Should I Refinance My Mortgage? When to Refinance

The Federal Reserve recently lowered interest rates in an effort to stimulate the economy during the coronavirus pandemic. As a result, more and more people are becoming interested in refinancing their mortgage. Depending on the situation, refinancing your mortgage can…

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The post Should I Refinance My Mortgage? When to Refinance appeared first on MintLife Blog.