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Posts Tagged ‘interest rates’

Remarkable Low Mortgage Rates for Buyers

  The average 30-year fixed-refinance rate is 3.21 percent, down 1 basis point compared with a week ago. A month ago, the average rate on a 30-year fixed refinance was higher, at 3.43 percent. At the current average rate, you’ll pay $433.01 per month in principal and interest for every $100,000 you borrow. Compared with […]

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Lowest Mortgage Rates in 50 Years

The Federal Reserve slashed interest rates today, trimming the federal funds rate by 0.50 percent to a range of 1-1.25 percent. The Fed is trying to stay ahead of disruptions and economic slowdown caused by the rapidly spreading coronavirus. -Bankrate.com Interest rates are now set in a 1 percent to 1.25 percent range, and Jerome […]

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How Do Interest Rates Affect Me?

How do interest-rate hikes actually affect your bottom line?

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