Items Tagged with 'Interest rates'


The Brexit impact is real: Refis jump to 18-month high

30-year conforming loans hit lowest level in more than 3 years
Brexit’s impact on mortgage applications is here, and it looks like borrowers cashed in on the ultra-low interest rates. Last week's applications didn’t show any signs of Brexit given the delay in impact from U.S. Treasury yields effect on interest rates. That all changed with the latest round of apps news.
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Fitch: Brexit could lead to all-time lows for mortgage interest rates

Sub-3.3% interest rate coming?
In the wake of the United Kingdom’s shocking decision to leave the European Union, experts throughout the U.S. housing industry weighed in on the potential impact of the Brexit. The general consensus among those experts is that mortgage interest rates are going down, but just how low? Well, according to analysts at Fitch Ratings, mortgage rates could hit all-time lows as the Brexit dust settles.
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Monday Morning Cup of Coffee: #Brexit fallout; what’s happening and what’s next?

More on the impact U.K. vote to leave European Union; other news of note
Well, it was all #Brexit all the time, all weekend long. Here, in your Monday Morning Cup of Coffee, are more views of the impact of the United Kingdom's shocking decision to leave the European Union behind, both in the long-term and the short-term. Plus, what some U.S. lenders are doing right now to take advantage of the post-Brexit world. For all that and more, click the headline.
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30-year mortgage leaves homebuyers poor?

It’s not your only choice
30-year fixed mortgages may not be the way to go if homebuyers can afford a larger monthly payment. In fact, total interest over the life of the loan is over three times higher on a 30-year mortgage than on a 15-year mortgage, and that’s just for a median priced home. Is it time to reignite the debate on the role of the 30-year mortgage in our industry?
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3 reasons why now is a great time to be a homebuyer

The times have changed
Besides the typical reasons for why this year is a great time to buy, one blogger instead looked at today’s housing market compared to the past. The piece puts into perspective, especially for those new to the market or about to enter it, just how different today’s market is. And how it's better in their favor.
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