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This is the chance mortgage rate shoppers have been waiting for.. For the first time in nearly 11 years, though, the Fed is expected to cut rates on July 31.. about driving down rates and he isn't afraid to use the Fed to do so.

As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year fixed rate average was below 4 percent, its lowest point since September 2017.

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Interest rates for mortgages are low – really low. As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year fixed rate.

As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year fixed rate average was below 4 percent, its lowest point since September 2017.

Do I Need To Re-Fi My 30 Year Mortgage? The average rate on 30-year fixed. how long you’ll be paying down the rest of the mortgage so you don’t lose your.

When interest rates drop, consider refinancing to shorten the term of your. be good reasons to refinance-or doing so can sometimes make the debt trap worse .. mortgage payments eliminating the need to refinance every time rates drop.

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