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Mortgage Rates May Temporarily Spike Due To Tax Bill

Posted by:  Hancock Mortgage Partners, LLC
2017-12-22 07:14:27

Information credited to NationalMortgageNews.com The tax bill Congress sent to President Trump's desk this week is likely to prompt at least a short-term spike in mortgage rates, according to Freddie Mac.   30-Year FRM 15-Year FRM 5/1 -Year ARM ...[read more...]

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Fannie Mae Mortgage Loans: 3 Important Changes

Posted by:  Hancock Mortgage Partners, LLC
2017-11-26 15:37:23

Information credited to USAToday.com If you're shopping for a mortgage, these changes to Fannie Mae's rules could help you. Fannie Mae is a government-sponsored organization that rose out of the ashes of the Great Depression with a mandate to help low-tomaderate-income borrowers find a...[read more...]

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Strongest Pace in a Year for US Home Construction

Posted by:  Hancock Mortgage Partners, LLC
2017-11-19 17:36:13

Information credited to Foxnews.com WASHINGTON –  Construction of new homes climbed 13.7 percent in October, the biggest jump in a year as builders broke ground on more apartments and single-family houses. The Commerce Department said Friday that the monthly gain put U.S. housing st...[read more...]

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Mortgage Demand Unchanged even as Interest Rates Fall

Posted by:  Hancock Mortgage Partners, LLC
2017-11-14 10:14:40

Information credited to USATODAY.com The interest rate on the popular 30-year fixed mortgage moved lower last week for only the second time since September, but that was not enough to entice consumers to call their lenders. Mortgage application volume was unchanged last week from the previous ...[read more...]

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