Mortgage rates fell to their lowest level of the year, according to Bankrate.com’s weekly national survey. The benchmark 30-year fixed mortgage rate is now 3.97 percent (below 4 percent for the first time since last November). It has an average ...

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Interest rates on short-term Treasury bills rose in Monday’s auction to their highest levels in more than eight years. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 0.980 percent, up from 0.960 percent last ...

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WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That ...

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Many homeowners and prospective buyers have been dreading the day when mortgage rates rise above 4 percent. That dream rate may be long gone. The 30-year fixed-rate mortgage finished 2015 breaking above the 4 percent mark. It was the first ...

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WASHINGTON (AP) — Average long-term U.S. mortgage rates crossed the 4 percent mark this week, a slight increase in the wake of the Federal Reserve decision this month to hike a key short-term interest rate. Mortgage buyer Freddie Mac said ...

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WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after two straight weeks of sharp increases. Expectations persist that the Federal Reserve may soon raise its key short-term interest rate. Mortgage giant Freddie Mac said Thursday ...

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Average U.S. long-term mortgage rates were slightly lower to unchanged this week amid expectations that the Federal Reserve isn’t ready yet to raise its key short-term interest rate. Here’s a look at rates for fixed- and adjustable-rate mortgages this week and over ...

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An increasing number of analysts are reporting a notable rise in home prices. This is seriously affecting the affordability of housing, despite the continuing low rates of mortgages. Sixty-three percent of new and existing homes sold between the beginning of ...

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WASHINGTON (AP) — Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China. Mortgage giant Freddie Mac said Thursday ...

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The average family can now afford nearly 63 percent of homes offered in today’s market, according to a recent study. Low interest rates and home prices helped lift housing affordability slightly in the past quarter, according to the National Association ...

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