Mortgages

September 18, 2017 - 6:51 pm
WASHINGTON (AP) — Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation's fiscal fabric — the mortgage interest deduction that millions of homeowners prize and the deduction for state and local taxes...
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FILE - In this March 6, 2017, file photo, a mortgage rate graph is displayed on a computer in North Andover, Mass. On Thursday, Aug. 31, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Elise Amendola, File)
August 31, 2017 - 1:53 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week. It was the fifth straight weekly decline for the benchmark 30-year rate, which again reached a new low for the year. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages fell to 3.82 percent from 3.86...
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FILE - This Monday, July 10, 2017, file photo shows a house for sale, in North Andover, Mass. On Tuesday, Aug. 29, 2017, the Standard & Poor's/Case-Shiller 20-city home price index for June is released. (AP Photo/Elise Amendola, File)
August 29, 2017 - 9:15 am
WASHINGTON (AP) — U.S. home prices climbed higher in June with gains that are eclipsing income growth — creating affordability pressures for would-be buyers. The Standard & Poor's CoreLogic Case-Shiller 20-city home price index rose 5.7 percent in June, according to a Tuesday report. The...
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FILE - This Monday, July 10, 2017, file photo shows a house for sale, in North Andover, Mass. On Thursday, Aug. 24, 2017, Freddie Mac releases weekly mortgage rates. (AP Photo/Elise Amendola, File)
August 24, 2017 - 12:40 pm
WASHINGTON (AP) — The benchmark 30-year mortgage rate is at new low for the year, touching its lowest level since last November. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages fell to 3.86 percent from 3.89 percent last week. It was the fourth straight weekly...
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FILE - This Tuesday, Jan. 26, 2016, file photo shows an existing home for sale in Valrico, Fla. On Thursday, Aug. 24, 2017, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Chris O'Meara, File)
August 24, 2017 - 10:44 am
WASHINGTON (AP) — Americans retreated from buying homes in July as sales sank to their lowest level of the year. The National Association of Realtors said Thursday that sales of existing homes fell 1.3 percent to a seasonally adjusted annual rate of 5.44 million. Despite the second straight monthly...
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August 17, 2017 - 10:34 am
WASHINGTON (AP) — Long-term U.S. mortgage rates edged lower this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages slipped to 3.89 percent from 3.90 percent last week. While historically low, that's still above last year's average of 3.65 percent. The benchmark rate...
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This Monday, July 10, 2017, photo shows new housing construction, in North Andover, Mass. On Thursday, Aug. 3, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Elise Amendola)
August 03, 2017 - 10:08 am
WASHINGTON (AP) — Long-term U.S. mortgage rates were little changed this week after declining for two straight weeks. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages inched up to 3.93 percent from 3.92 percent last week. While historically low, that's still above last year...
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This Monday, July 17, 2017, photo shows two condominium high-rises under construction in downtown Miami. On Thursday, July 20, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Alan Diaz)
July 20, 2017 - 10:18 am
WASHINGTON (AP) — Long-term U.S. mortgage rates declined this week after two straight weeks of increases. The benchmark 30-year rate slipped back below the significant 4 percent level. Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate mortgages fell to an average 3.96...
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July 13, 2017 - 11:13 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for the second straight week. The benchmark 30-year rate surpassed the significant 4 percent level for the first time since May. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages increased to an average...
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June 29, 2017 - 10:26 am
WASHINGTON (AP) — Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year. Mortgage buyer Freddie Mac says the 30-year fixed-rate mortgage averaged 3.88 percent, down from 3.90 percent last week. The rate stood at 3.48 percent a...
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