Currently viewing the tag: "fha mortgage rates"

Mortgage rates deteriorated last week after concerns over the mess that is Europe lessened…for now.

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Conforming and FHA mortgage rates rose as much as 0.375% during the worst of the Monday through Wednesday sell-off, but logged strong rallies Thursday and Friday.

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Mortgage rates improved marginally last week in a short week devoid of any real economic reports. We’re now seeing both conventional and FHA mortgage rates on a 4-week rally.

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Conforming and FHA mortgage rates dropped for the fifth time in six weeks and, once again, rates are trolling back near all-time lows.

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Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.

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