Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.

 

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Mortgage Rates Remain in Uptrend

Dec 13, 2017 - US mortgage rates were on the rise over the last week, mostly in response to the tax reform bill that boosted Treasury yields via lower bond prices. These rates have been quite unstable recently, influenced by not only the potential tax reforms but also Fed monetary policy and investigations...

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Mortgage Rates Flat to Somewhat Higher on Monday

Dec 12, 2017 - US mortgage rates increased marginally for the third consecutive business day on Monday in what can only be described as a slight correction after they reached a one-month low last Wednesday. Referring to “three-day corrections” and “one-month lows” right now might sound a lot more dramatic than...

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Mortgage Rates Stable Ahead of Monthly Employment Situation Report

Dec 8, 2017 - US mortgage rates remained mostly stable on Thursday, appearing generally unfazed by political announcements such as the likelihood that the tax reforms will actually pass and recently released financial data. According to the Labor Department’s latest report, former employees submitted only...

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Mortgage Rates Move to Lowest Level in a Month

Dec 7, 2017 - With US bond prices rising for the second consecutive day, mortgage rates moved significantly lower yesterday. In terms of rates, this was the first break that homeowners have enjoyed since the first part of November.The increase in bond prices was strong enough for many lenders to eventually...

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Entry-level Home Prices Now 18% Higher Than Before Recession

Dec 6, 2017 - CoreLogic revealed yesterday that home prices across the United States increased by 0.9% on a monthly basis and by 7.0% on an annual basis in October. These are exactly the same monthly and yearly increases that were recorded in September’s Home Price Index (HPI). This was the fourth consecutive...

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