Record-low rates activated repayments this month. However, delinquencies were still ninety percent higher in October than they were this time last year. New study shows that homeowners that qualify to ref would save an average of $309.
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30-year (FRM) rates at 2.85% (-0.02%)
15-year (FRM) rates at 2.40% (0.00%)
FHA 30-year Fixed rates at 2.35% (-0.03%)
Jumbo 30-year Fixed rates at 3.25% (-0.01%)
5/1 ARM rates at 2.65% (-0.03%)
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