Mortgage Lending Down 1.5 Pct as Rates Inch Up
Mortgage applications fall 1.5 percent as rates tick up from lowest level in decades Mortgage – Business – Financial Services – United States – Loan
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Summary Box: Mortgage lending falls 1.5 pct
MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association. REFINANCING DIPS AS RATES INCH UP: Applications to refinance home… Mortgage – Refinancing – United States – Financial Services – Business
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Paying mortgage with HELOC is risky
Dear Dr. Don, I am 75 and basically retired, although I do a bit of college teaching as a part-timer. I have a mortgage balance of ,383 on a 15-year note at a fixed rate of 5.25 percent and a monthly mortgage payment of 3. I also have a home equity line of credit at a current rate of 4.49 percent.
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