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US mortgage rates remain low as home-buying season starts

WASHINGTON (AP) — Long-term U.S. mortgage rates stayed near 2016 lows this week, potentially good news for the housing market as the spring home-buying season begins. The average 30-year fixed-rate mortgage edged up to 3.59 percent from 3.58 percent last … Continue reading

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Average US rate on 30-year mortgage slips to 3.58 percent

FILE – In this Wednesday, Oct. 7, 2015, file photo, a home is for sale in Coral Gables, Fla. Freddie Mac reports on the week’s average U.S. mortgage rates on Thursday, April 14, 2016. (AP Photo/Lynne Sladky, File)More WASHINGTON (AP) … Continue reading

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Average US rate on 30-year mortgage steady at 3.71 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates were unchanged to slightly higher this week after declining the previous week. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was steady at 3.71 percent. The benchmark … Continue reading

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Average US rate on 30-year mortgage falls to 3.71 percent

In this Tuesday, Feb. 16, 2016, photo, signs stand outside new townhouses in Houston. On Thursday, March 24, 2016, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Pat Sullivan)More WASHINGTON (AP) — Average long-term U.S. mortgage rates … Continue reading

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Average US rate on 30-year mortgage edges up to 3.68 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week for only the second time this year. It was the second straight weekly increase for long-term loan rates, which had declined since the start of the year amid global … Continue reading

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Average US rate on 30-year mortgage falls to 3.62 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week as anxiety over the global economy persisted. Long-term rates resumed their decline after being unchanged last week following six straight weeks of easing. Mortgage buyer Freddie Mac says the … Continue reading

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US home prices rise at a steady clip in December

WASHINGTON (AP) — U.S. home prices increased at a steady clip in December, helped by a healthy job market and low mortgage rates. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.7 percent from a year earlier, same as … Continue reading

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Average long-term US mortgage rate falls fifth straight week

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for the fifth straight week amid volatility in world financial markets. Mortgage buyer Freddie Mac says the average rate on a 30-year fixed-rate mortgage slid to 3.72 percent this week, down … Continue reading

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US home prices strengthened in November

Washington (AFP) – US home price gains picked up in November with the market still supported by cheap credit and tight supplies, according to the S&P/Case-Shiller index released Tuesday. The index for 20 leading urban areas showed a 0.9 percent … Continue reading

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Home prices up in November at fastest rate since July 2014

NEW YORK (Reuters) – Annualized U.S. single-family home prices rose more than expected in November and at the fastest pace in 16 months, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas rose … Continue reading

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