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100% LTV Mortgages & Today's Low Rates Boost U.S. Housing Starts

June 13, 2015 by Admin
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Single-family housing starts increased in April after a slow start to the year.

As compared to the month prior, starts increased one-hundred-three thousand to reach 733,000 units started on a seasonally-adjusted annualized basis. April’s reading sits above the six- and twelve-month rolling averages for the housing market metric firmly.

The combination of an abundance of low- and no-downpayment mortgages for today’s buyers; today’s mortgage rates at ultra-low levels; and, a recent surge in buyer foot traffic has kept builder confidence near its highest point since mid-last decade.

It’s an excellent time to be shopping for a home.

via 100% LTV Mortgages & Today’s Low Rates Boost U.S. Housing Starts.

 
 

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Conventional Refinance
15 Yr. Fixed

As of: October 12, 2018

4.25%
RATE
4.353%
APR

Conventional Refinance
30 Yr. Fixed

As of: October 12, 2018

4.875%
RATE
4.949%
APR

VA Home Loan
30 Yr. Fixed

As of: October 12, 2018

5.000%
RATE
5.199%
APR

FHA
30 Yr. Fixed

As of: October 12, 2018

4.75%
RATE
5.534%
APR

FHA
15 Yr. Fixed

As of: October 12, 2018

4.25%
RATE
5.098%
APR
 
 
 

 

 

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