Day: June 14, 2017

Thirty-Year Fixed Mortgage Rate Moves Lower

Freddie Mac’s most recent Primary Mortgage Market Survey shows the 30-year fixed mortgage rate inching lower for the third consecutive week and setting a new low for the year. “In a short week following Memorial Day, the 10-year Treasury yield fell 4 basis points,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate remained relatively flat, falling 1

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How Much House Can You Really Afford?

A lender can approve you for a mortgage, but that doesn’t mean you will be able to comfortably afford it. Online mortgage calculators can help determine how much house you will be able to afford, but it also is important to consider your personal financial situation. Here, Trulia explains why you can’t rely solely on a calculator to tell you

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