Browsing Tag:Rise

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The average rate on a 30-year fixed-rate mortgage rose to 3.05% in the week of October 14, the highest rate since April, according to Freddie Mac. The 15-year fixed-rate mortgage rose to 2.3%.After falling steadily in the first year of the pandemic, interest rates hit a record low of 2.65% in early 2021 on 30-year mortgages. They...
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The number of Americans applying for unemployment benefits rose to 351,000 for the second year in a row last week, a sign that the delta variant of the coronavirus could, at least temporarily, disrupt labor market recovery.The Labor Department report on Thursday showed that unemployment claims were up 16,000 from the previous week. As the labor market has...
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Heartland Bank saw reverse mortgage repayments increase 43% in New Zealand over the past fiscal year as its clients took advantage of the steamy home market to sell their properties and generate cash income.But despite Heartland seeing the repayments known as "increased" repayments (valued at $ 93 million), Heartland had a record year for new reverse mortgage deals in...
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heartland-financial-institution-noticed-a-43-rise-in-reverse-mortgage-mortgage-repayments-previously-yr-as-prospects-took-benefit-of-the-roaring-home-market-to-promote-up-and-pocket-good-points
Heartland Bank saw reverse mortgage repayments increase 43% in New Zealand over the past fiscal year as its clients took advantage of the steamy home market to sell their properties and generate cash income.But despite Heartland seeing the repayments known as "increased" repayments (valued at $ 93 million), Heartland had a record year for new reverse mortgage deals in...
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Mortgage rates today: June 26, 2021Conventional Tariffs from Money.com; government-sponsored rates from RedVentures.Today's refinancing rates: June 26, 2021Conventional Tariffs from Money.com; government-sponsored rates from RedVentures.Is It a Good Time to Buy a Home?There's a good chance mortgage rates will rise later this summer or fall. There are several economic drivers behind this potential surge, most notably...
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A real estate agent (left) answers inquiries from potential homebuyers at a shopping mall in Shanghai on August 1. [Photo by Lyu Liang/For China Daily] The rise in home mortgage rates will adequately dampen rising house prices and reduce risks, but local policy makers should be aware of protecting first-time buyers, experts say. A report from...
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