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Tag Archives for " 30-Year Mortgage "

November 25, 2014

in Real Estate by Nancy Braun
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1 comments

Home Buying 38 Percent More Affordable Than Renting

Based on Trulia’s recent Rent Versus Buy Report, homeownership continues to be a cheaper option than renting with a traditional 30-year fixed rate mortgage in all the 100 largest metropolitan areas in the United States. The report shows that buying a home is actually 38 percent cheaper than renting, which is slightly higher from last […]

November 10, 2014

in Real Estate by Nancy Braun

U.S. 30-Year Mortgage Rate Increased to 4.02%

According to a recent report released by Freddie Mac, the average U.S. long-term mortgage rates rose back over 4 percent. This is the second week of the rates increasing after it has dropped for five weeks even with the problems in the global economy. Last Thursday, from 3.98 percent last week, the nationwide average of […]