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Mortgage Refinancing Articles
Interest Rates
March 29, 2006
Interest rates for 30 year fixed mortgages dropped again for the second consecutive week. Mortgage interest rates have been at their highest levels for over 2 years. Fixed interest rates for a 30 year loan slipped to 6.3%; the highest levels during the month of March had been 6.44%. Fifteen year fixed rate mortgages dropped [...]
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March 25, 2006
Did you refinance your mortgage loan last year? If so, don’t forget to deduct any points you prepaid for interest on your 2005 tax return. The points you pay are pre-paid interest; you pay up front to receive a lower interest rate. The good news for you is these points are a deduction on your [...]
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March 14, 2006
Every homeowner loves saving money. You can save a substantial sum of money over the life of our mortgage by refinancing to a lower interest rate. If you have been unsure about refinancing because you might move within the next five years, there are still options to save you money. Your Credit Score A solid [...]
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March 11, 2006
Mortgage interest rates are up to their highest levels in over two years. According to a survey of one national mortgage lender interest rates for fixed, 30 year, traditional mortgages rose to 6.37% this week. This is up from 6.24% last week and the highest mortgage interest rate since the fall of 2003. Inflationary concerns [...]
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March 3, 2006
Mortgage Interest rates are down again this week for the second week in a row. This is according to a survey of one national mortgage lender. Freddie Mac stated that mortgage interest rates for a traditional, fixed rate, 30 year mortgage are down to 6.24% this week from 6.26% last week. The highest this rate [...]
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