Mortgage rates are set to drop below 3% by year-end - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Mortgage rates will drop below 3% by year-end as their record decline continues, Fannie May says

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Mortgage rates are set to continue their historic decline, and will likely breach 3% later this year, according to Fannie Mae.

According to Fannie Mae, nearly 60% of all outstanding mortgage balances have at least a 0.5% incentive to refinance.Expect mortgage rates to extend their historic decline to below 3% by the end of this year, according torate declined to 3.03%, setting a new record all-time low. Low mortgage rates have helped fuel a boom in home purchases and refinances, as consumers look to take advantage of the lower rates. According to Fannie Mae, nearly 60% of all outstanding mortgage balances have at least a 0.5% incentive to refinance.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

It’s a trap

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us today at 1:30 p.m! Business Insider payments reporter Shannen Balogh will speak with Domm Holland, Fast's co-founder and CEO, about how he came up with the idea for the company and Jan Hammer, general partner at Index Ventures. This is DOA
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

A family's 1-year savings sprint saved $24,000 to buy their first home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That's great for them..congrats. Those looking for a mortgage should know this. If you have ever disputed a credit report entry and then disagreed with the company's determination. A note that you disagreed goes on your credit report and will stop you from getting a mortgage.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Annual ad buys on podcasts doubled last year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Advantage of being a stutterer: you are not expected to be involved in a podcast with dopey looking microphone. business advertising stutter health stammer podcast
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Here's how to know if your business is a small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Don’t take the government money! It will be a mistake.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »