Tag Archives: affordable homes

Mortgage Rates Fall Again!!!

After three weeks of trending higher, mortgage rates have once again turned lower. The 30-year fixed-rate came in at an average of 4.28%, according to Freddie Mac’s weekly survey. That’s down from 4.37% last week. Meanwhile, 15-year fixed rates, popular with homeowners refinancing their loans, were at 3.32%, down from 3.39% last week. Rates have […]

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Investors leaving the market?

Current homeowners are playing a bigger role as home-buyers, with a sharp slowdown in investor activity, according to a  Housing Pulse Tracking Survey by Campbell/Inside Mortgage Finance who surveyed about 2,000 agents nationwide. In June of 2013, current homeowners buying another home represented 44.6% of all home purchases, up from 43.8% in may.  A third […]

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