mortgage rates
Navigating the world of real estate can be complex, especially when it comes to understanding mortgage rates. These rates are crucial because they determine how much you'll pay over the life of your loan. Here’s a breakdown of what you need to know about mortgage rates and how they can impact your h
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Mortgage Rates Inch a Bit Higher this Week
After four weeks of declines, the average rate for a 30-year, fixed-rate mortgage rose to 6.12% from last week’s 6.09%. It may suggest some short-term stability. McLEAN, Va. – The average long-term U.S. mortgage rate ticked up slightly this week after four weeks of declines, a possible sign of st
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Conventional Loan Limit
2023’s New Conventional Loan Limit: $726,200 By Kerry Smith FHFA announced new conforming loan limits for 2023, and most buyers can borrow up to $726.2K without a jumbo loan – and it’s over $1M in some areas. WASHINGTON – Fannie Mae and Freddie Mac – which back a majority of U.S. home loans – h
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