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Mortgage rates today, April 7, 2020 | Rates retreat
Multiple key mortgage rates dropped today. The average rates on 30-year fixed and 15-year fixed mortgages both dropped. The average rate on 5/1 adjustable-rate mortgages, meanwhile, ticked up. Mortgage rates change daily, but, overall, they are very low by historical standards. If you’re in the market for a mortgage, it could make sense to go ahead and lock if you see a rate you like. Just make sure you shop around first. 30-year fixed mortgages The average rate for the benchmark 30-year fixed mortgage is 3.77 percent, a decrease of 7 basis points over the last week. A month ago, the average rate on a 30-year fixed mortgage was lower,…
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How low mortgage interest rates positively affect house payments
Are you planning on buying a home in the Austin Texas area or possibly refinancing your existing mortgage? If so, right now is the perfect time to make your move because historically low interest rates make 2020 a perfect time to buy or refinance. If you’ve ever wondered how low mortgage interest rates, this article will provide you with tips on how low interest rates affect your house payment. “If you’re in the market to buy a house in Austin, or elsewhere in Central Texas, today’s average mortgage rates are something to celebrate compared to almost any year since 1971… Mortgage rates change frequently. Over the last 45 years, they…
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Do low mortgage interest rates make it a good time to buy or refinance? Yes!
The world has changed in recent weeks as the financial impact from Corona Virus has shocked the markets and caused the Federal Reserve to lower mortgage interest rates by a half a point. This move has brought interest rates to their lowest point in 4 years and has made right now an ideal time to buy a home or refinance a mortgage. If you’ve been thinking about buying a home in the Austin TX area for your primary residence, or an investment property, now is a great time to buy since we may not see interest rates lower than this in our lifetimes. Current Mortgage Interest Rates Average mortgage rates actually…
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Mortgage Interest Rates Keep Dropping Making Now A Great Time to Buy or Refinance
We’re at a period in the real estate market where many people thought interest ratwes would be climbing back up into the 5’s or higher but they are dipping down to 3.5%, making right now an excellent time to either buy a home in Austin or refinance your home. What’s driving mortgage rates today? Average mortgage rates edged down again yesterday, in line with our prediction. That makes three days of falling rates and one when they held steady in the last four business days. But recent falls have barely made a dent in the damage wreaked during the Sept. 5-13 period. Of course, mortgage rates today still remain remarkably…
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Interest Rates Continue Declining Making Right Now A Great Time To Buy A Home
Are you planning on buying a home in Austin Texas in 2019? If so, now is the perfect time for you to get pre-approved for a mortgage loan because interest rates have continued dropping for 6 straight weeks, making it a perfect time to buy a home in Austin Texas. About Current Mortgage Interest Rates Mortgage borrowers who shopped around last week could’ve saved $42,137 over the life of a $300,000 loan, according to LendingTree‘s Mortgage Rate Competition Index. The index measures the spread in the APR of the best offers available on its website. LendingTree derives that savings claim by comparing the amount a borrower would pay out of over the…
