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Mortgage rates level off after six-week slide – After more than a month of declines, mortgage rates paused their descent ahead of next week’s Federal Reserve meeting. According to the latest data released Thursday by Freddie Mac, the 30-year.
Housing industry embraces fintech to drive down mortgage closing times – As financial technology continues to take the mortgage industry by storm, LendingTree indicates homebuyers are now taking a considerably shorter time to close on their home loans. According to the.
Should We Get Rid of the Mortgage Interest Deduction? – As the 2020 election approaches, here’s a tax idea that’s guaranteed to be unpopular: eliminate the mortgage interest tax deduction and lower rates across the board. Why? A lot of economists think we.
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9 Housing and Mortgage Trends for the Rest of 2019 – The first half of 2019 surprised housing markets across the country: Mortgage rates fell. That’s the opposite of what the experts had predicted at the beginning of the year, and it’s welcome news for.
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Mortgage rates haven’t moved much since late June — but who’s complaining? Rates this week are still hanging around the.
A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the.