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Mortgage Rates

Mortgage Rates Fall as Fed Continues Buying

October 17, 2013 by

The Federal Reserve Bank’s decision to keep buying bonds had a predictable effect on mortgage rates that fell to their lowest level in nine weeks.

For full article see: http://www.bizjournals.com/phoenix/morning_call/2013/09/mortgage-rates-fall-as-fed-continues.html?iana=ind_rre

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US Pending Home Sales Fall For 3rd Straight Month

October 17, 2013 by

pending home salesFewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.

For full article see: http://www.azcentral.com/business/realestate/free/20130926us-pending-home-sales-fall-rd-straight-month.html

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Mortgage Rates Affect Monthly Payments More Than you Think

October 17, 2013 by

While most home buyers know that the sales price they agree to pay for their next home will impact how much their next monthly mortgage payment will be. I believe home buyers should pay as much, if not more, attention to their mortgage rate.

For full article see: http://www.thehillgroupaz.com/2013/mortgage-rates-affect-monthly-payments-more-than-you-think/

Filed Under: Buying and Selling, Home prices, Phoenix Home Owner, Real Estate Tips Tagged With: