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– US long-term mortgage rates fall; 30-Year Average Below 4% US long-term mortgage rates fell this week, tipping the key 30-year loan average. US long-term mortgage rates fall; 30-year average at 3.82%. – Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

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Mortgage rates reach 16-month Low After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump! Mortgage Rates Reach 16-Month Low June 10, 2019 2:12 pm.

Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. interest rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money. About Us.

To illustrate how making extra repayments slashes your mortgage term and helps you save on interest, consider this: You have a $475,000 home loan with a 4.5% interest rate and a 30-year mortgage term. On a monthly basis, you pay $2,406.76 towards your home loan. About the bi-weekly mortgage payment program, and whether it’s an effective way to own your home faster.

CMHC defends mortgage stress test changes amid calls for loosening rules – Smithers Interior News THE CANADIAN PRESS/Jonathan Hayward. CMHC defends mortgage stress test changes amid calls for loosening rules. Corporation is forcefully defending mortgage stress test rules and warning federal policy makers to.