mortgage comparison-shopping: how to read good faith estimatetaking out a mortgage loan requires careful consideration of all the costs associated with a purchase or refinance transaction. for...low mortgage rates attracting more short-term borrowerswith the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years. traditional 30-year fixed-rate loans are averaging 3.75%, a record low for the fifth straight week. as mortgage rates sink deeper into record territory, homeowners are refinancing into 15-year loans at a pace not seen in a decade, aiming to pay off their debt in time for retirement.mortgage rates at historic lows as home affordability growsmortgage interest rates have fallen to the lowest levels since long-term mortgages were introduced in the united states.april mortgage approvals highest since janlondon (reuters) - country's mortgage approvals for house purchase and mortgage lending were at their highest since january last month, but britons repaid their credit card bills at the fastest rate in more than five years, bank data showed on wednesday. the central bank said mortgage approvals numbered 51,823 in april, up from 51,067 in march. analysts had forecast a reading of 50,100. mor... |
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