High-cost mortgages just got cheaper – The new loan limits for Fannie and Freddie vary by area based on local median home prices and go as high as $793,750 in Honolulu. or "jumbo loans" carry interest rates of about a point higher. For.
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Time to Talk About Raising Conforming Loan Limit – A change in conforming loan limits could have a big impact on mortgage originations and on homebuying. Graboske says low interest rates continue to offset rising home prices. "In fact, even though.
Trulia: Mortgage interest tax deduction contributes to inequality – blacks are still 56.9% less likely to own a home with a mortgage than whites. One factor that influences who among minority groups will have a mortgage is the number of minority heads of household in.
Average 30-year mortgage rate ticks up – WASHINGTON » Long-term U.S. mortgage rates were little changed this week at or near their lows for the year. The low rates come amid the spring home buying season. One point equals 1 percent of the.
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FHA Buyers Could Save an Average of $446 Annually With Proposed Mortgage Insurance Premium Cut – "Prices of homes backed by FHA loans also accelerated higher in the wake of that last premium cut, although thatwith a drop in mortgage rates, a scenario that is.
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