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  • CFPB Rules Reiterate Current and Future Lending Practices
    New mortgage loan rules beginning on Jan. 10, 2014 could limit the current availability and cost of mortgage loans but experts state that the real impact is in the long-term. The new lending rules are an amendment of Regulation Z of the Dodd-Frank Act. According to the Consumer Financial ... read more
    Source: MortgagaPublished on 2013-12-30
  • Adjustable Rates Fall Off Cliff This Week, Fixed Rates Hang On
    Major interest rate shifts occurred this week for adjustable mortgages while fixed rates barely changed. Reports provided by loans.org found that for the week ending Dec. 19, 2013, the 30-year fixed-rate mortgage barely changed, only increasing one basis point from 4.33 percent to 4.34 percent. The 15-year FRM meagerly ... read more
    Source: MortgagaPublished on 2013-12-19
  • Minimal Rate Changes Despite Proof of Housing Recovery
    The upcoming holiday season brought minimal changes for mortgage interest rates despite statistical signs of a housing recovery. Mortgage interest rate reports provided by loans.org show very little movement for the week ending Dec. 12, 2013. The 30-year fixed-rate mortgage decreased three basis points from 4.3 percent to 4.27 ... read more
    Source: MortgagaPublished on 2013-12-12
  • Fixed Rates Surpass Adjustable Rates and Increase Rapidly
    Fixed mortgage loan interest rates changed considerably this week while adjustable rates barely changed, according to rate reports provided by loans.org. For the week ending Dec. 5, 2013, the 30-year fixed-rate mortgage averaged 4.32, a 14 basis point increase from 4.18 percent set last week. The 15-year FRM averaged ... read more
    Source: MortgagaPublished on 2013-12-05
By | 2017-12-11T17:17:54+00:00 July 21st, 2016|Mortgage|0 Comments

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