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Mortgage Research Center. Rates averaged 5.66% for a 15-year financed mortgage and 6.54% for a 20-year financed mortgage.
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the ...
The rate on a 30-year fixed refinance increased to 6.84% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.72%, and for 20-year mortgages, ...
Repo rate adjustments have a direct effect on EMIs for floating-rate home loans. When the RBI changes the repo rate, banks ...
Today’s ARMs are much more regulated now than they were back in 2008. Here’s what to know about how they work — and when they can be a strategic way to navigate a complicated housing market.