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Mortgage rates just tanked thanks to the Fed – and they could go even lower – which caused home sales to fall sharply in December and January. Looking at the 30-year fixed rate on a $300,000 mortgage, every 25 basis point move down means a savings of $50 on a monthly payment..
What property buyers should know about land loans. period and higher down payment and interest rate than you'd find with a mortgage loan.
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Mortgage rates slump to 2-month lows amid market turmoil – Builders say they’re looking forward to an “elongated” selling season. Rates for home loans slid to two-month lows, in line with the broader bond market, even as all eyes are trained on the housing.
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