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Average mortgage rates tick higher as of Thursday, January 9, 2024, with the 30-year fixed benchmark continuing to hover above 7.00%. Despite three back-to-back interest cuts from the Federal ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
The current average interest rate for a 30-year fixed mortgage is 7.05% for purchase and 7.04% for refinance, down 6 basis points from 7.11% for purchase and 6 basis points from 7.10% for ...
Mortgage rates continue their downward march from last week on 30-year and 15-year terms as of Friday, March 29, 2024. Current average interest rates for a 30-year mortgage are at 6.90%, down 9 ...
Ginnie Mae is similar to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) with the difference being that Ginnie Mae is a wholly owned government corporation whereas Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs), which are federally chartered corporations ...
HARP 2.0 refinancing is allowed on all occupancy types: primary residence (owner-occupied), second home, or investment (rental) property. However, HARP 2.0 refinancing of investment properties by Fannie Mae and Freddie Mac has higher mortgage rates than for owner-occupied properties.
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