World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

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How high will mortgage rates rise in 2013?. He believes that mortgage rates will remain in the low 4 percent to low 5 percent range.. life changing stories for CBS News for three decades.

Mortgage Requests Hit 2-month Peak as loan rates fall; The Washington-based industry group’s seasonally adjusted index on mortgage activity edged up 1.6 percent to 390.0 in the week ended March 15. This was the highest reading since 400.6 in the week of Jan. 18.

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WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage eased to 4.41 percent from 4.46 percent last week.

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The good news is that even a small drop in mortgage interest rates can add up quickly. If you take a home valued at $400,000 with a 30-year fixed-rate mortgage, a one-point decline in your mortgage rate can cut about $200 off what you pay ever month.

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Financial Government Solutions Legal Reuters News Agency Risk Management. U.S. home refinancing requests fall near 18-year low: mortgage group. Other mortgage rates that the MBA tracks were.

Before signing up for credit cards, comparison shop for the best rates and lowest fees. or other account should approach $360,000 to $540,000 as you near 60. Another is to see how far your current.