World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

The central bank has reduced its benchmark interest rate to a record-low 2.5 percent to aid a recovery. complain about that pace,” he said. Spurring the rise in loans are the lowest mortgage rates.

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Trump-May news conference in full - BBC News U.S. mortgage requests rise as loan rates hold near 10-month low: MBA. "Mortgage rates held steady on mixed economic news, as core inflation remained firm, while retail sales in December were.

Financial Government Solutions Legal Reuters News Agency Risk Management. U.S. home refinancing requests fall near 18-year low: mortgage group. Other mortgage rates that the MBA tracks were.

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The world of mortgage rate analysis is both simple and complicated. On a simple note, rates are near long-term lows and they‘ll generally continue to follow the broader market for interest rates.

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Here are 10 tips for refinancing your mortgage. 10 Tips for Refinancing a Home Loan. Here are 10 refi tips that are sure to make the process of refinancing your home a lot smoother. Tip 1: Buyers, it’s time to get moving. With mortgage rates near the bottom and home prices on the rise, it’s still a perfect time to refinance or even buy a home.

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The average interest rate for 30-year fixed-rate mortgages, with conforming loan balances of $484,350 or less, climbed to 3.94% from prior week’s 3.90%, which was the lowest since November 2016. The 30-year rate on conforming mortgages has fallen 44 basis points so far this year.