Tag Archives: Freddie Mac

Refinance Volume Continues Upward Trend

Conventional refinances continue to be hot in 2012.  Regardless of the value of their homes, owners are taking advantage of historically low-interest rates. Information taken from Mortgage News Daily – Refinancing through Freddie Mae and Fannie Mae jumped sharply in August … Continue reading

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3 Refinance Trends in 2012 – Likely to Continue

Remember the days of the ‘cash out refi’?  When homeowners eager to make a large purchase, consolidate debt, or splurge on a big vacation, would pull money (equity) out of their homes through a refinance. Those days seem to be … Continue reading

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Mortgage Rates Continue to Drop

Interest rates across the board continue their downward plunge into record low territory.  30-year fixed-rate mortgage (FRM) averaged 3.36 percent with an average 0.6 point for the week ending October 4, 2012, down from last week when it averaged 3.40 percent. … Continue reading

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