Mortgages Blog

Here you can find news and advice about mortgage rates, real estate, mortgage servicing, the housing market and how they are affected by the economy. Our reporters offer relevant information and useful tips for homeowners, those looking to buy a home, refinance or get a home equity loan or line of credit. See the latest Mortgage Blog posts below.
Wednesday, July 6, 2016 11:35 am
By Holden Lewis · Bankrate.com

The 30-year, fixed-rate mortgage fell this week to just above its all-time lowest level. And people already are taking advantage, flooding mortgage companies with refinance applications. The benchmark 30-year fixed averaged 3.52% this week. The record low is 3.5%, set in December 2012. I’m betting that it will go even lower. At the same time,

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Wednesday, July 6, 2016 11:25 am
By Holden Lewis · Bankrate.com

Mortgage rates are at or near record lows. It’s a good time to refinance a mortgage, especially if you got your mortgage more than 5 years ago and you haven’t refinanced since then. Mortgage rates have fallen along with the yield on the 10-year Treasury note, which fell to its lowest-ever level Tuesday, to 1.367%,

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Wednesday, July 6, 2016 8:33 am
By Mitch Strohm · Bankrate.com

Many borrowers tap their equity to pay for things such as home improvements.

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Wednesday, July 6, 2016 7:53 am
By Mitch Strohm · Bankrate.com

If you’re purchasing or refinancing, it’s a great time to lock in a rate.

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Tuesday, July 5, 2016 9:08 am
By Mitch Strohm · Bankrate.com

Wells Fargo’s rates are remaining competitive on mortgages, auto loans and credit cards.

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Tuesday, July 5, 2016 8:50 am
By Mitch Strohm · Bankrate.com

Many borrowers tap their equity to pay for things such as home improvements.

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Tuesday, July 5, 2016 8:38 am
By Mitch Strohm · Bankrate.com

If you’re thinking about refinancing, it’s a great time to lock in a rate.

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Tuesday, July 5, 2016 8:06 am
By Mitch Strohm · Bankrate.com

If you’re purchasing or refinancing, it’s a great time to lock in a rate.

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Friday, July 1, 2016 8:34 am
By Mitch Strohm · Bankrate.com

Many borrowers tap their equity to pay for things such as home improvements.

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Friday, July 1, 2016 7:55 am
By Mitch Strohm · Bankrate.com

If you’re purchasing or refinancing, it’s a great time to lock in a rate.

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