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All • Videos • July 1, 2022

The American Dream Is Still Attainable

by Rodney Ward
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All Low Rates or Lots of Leverage? Buyers Rarely Get Both. If you’ve been watching mortgage rates lately, you might feel a little stuck. Rates climbed above 7% this year, and a lot of buyers have decided to sit tight and wait for them to come back down. But rates are only half the story. When you buy a home, you usually get one of two […]
All Weekly Mortgage Rate Averages Move Down Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing the 30-year fixed-rate mortgage (FRM) averaged 7.18%. “Mortgage rates continued their downward trajectory this week, improving the environment for prospective homebuyers against a backdrop of strong economic growth,” said Sam Khater, Freddie Mac’s Chief Economist. The 30-year FRM averaged 7.18% as of […]
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