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September 26, 2024 at 12:30 PM. The average rate on a 30-year fixed-rate mortgage was nearly unchanged this week but reached its lowest level in two years. Thirty-year mortgage rates averaged 6.08 ...
We talked about how locking in a 6% rate instead of a 6.5% rate on a $400,000, 30-year mortgage could save you $46,825 over the life of the loan. In this scenario, even paying $4,000 for a rate ...
The Mortgage Bankers Association's refinancing index jumped 20.3% last week to its highest in two years. That comes as the 30-year fixed mortgage rate dipped 2 basis points to 6.13% last week.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify. Later that same year, the program was expanded to include those ...
Rates for a 15-year mortgage stand at an average 5.50% for purchase and 5.52% for refinance, down 10 basis points from 5.60% for purchase and 17 basis points from 5.69% for refinance this time ...
Recorded June 17, 2023. Joshua David Shapiro (born June 20, 1973) is an American lawyer and politician serving since 2023 as the 48th governor of Pennsylvania. A member of the Democratic Party, he was the attorney general of Pennsylvania from 2017 to 2023 and served on the Montgomery County Board of Commissioners from 2012 to 2017.
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Treasury notes (T-notes) have maturities of 2, 3, 5, 7, or 10 years, have a coupon payment every six months, and are sold in increments of $100. T-note prices are quoted on the secondary market as a percentage of the par value in thirty-seconds of a dollar. Ordinary Treasury notes pay a fixed interest rate that is set at auction.
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