Long-term mortgage rates fall, break 9-week rise · PERT Florida Real Estate School

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WASHINGTON (AP) – U.S. long-term mortgage rates continued to fall this week, reaching their lowest levels in nine months. The decline in home borrowing rates in recent weeks has been a spur to.

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Borrowers have been told the figure could rise to 6.25 per cent within months after inflation again breached its official target. Two million households are due to come out of cheap fixed-rate.

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WASHINGTON (AP) – After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That was still sharply higher than a 30-year rate.

The warning came as the top City watchdog, the Financial Services Authority, admitted lax and over-generous mortgage lending by banks. of £31,000 to correct the imbalance – a fall of 21 per cent. A.

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Mortgage rates fall;. break 9-week rise pert florida real estate School Long-term mortgage rates fall. washington (AP) – After nine straight weeks of increases, long-term US mortgage rates fell this week. mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans.