Posts from December 22nd, 2022

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December
22

Interest Rate Buy Downs, Longer Term Mortgages and More

December 22nd, 2022 by The Keyes Company

Specialty Mortgage Products Promise Lower Rates and Fees — but Are They Safe? (Originally published on Money.com)

Rapidly rising mortgage rates are changing how both buyers and lenders are approaching home loans.

Mortgage rates have nearly doubled since the first week of January, to today's current average of 6.31%. Higher rates mean higher mortgage payments and fewer people who can afford to buy. As a result, lenders have seen a big dro...

Click Here to Read More...

Categories: Buyers

Posts from December 22nd, 2022

Interest Rate Buy Downs, Longer Term Mortgages and More

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