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Conventional Interest Rates More Stable Than Its Home Prices

Conventional Interest Rates More Stable Than Its Home Prices

According to the Federal Housing Finance Agency (FHFA), mortgage interest rates during the month of October showed a 5 basis point increase for existing homes. Mortgage Interest rates newly built homes with a Conventional purchase loan on the other hand remains unaffected. The average effective rate for new home loans actually has been stable since […]

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