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3 Reasons Why You Might Not Get Freddie Mac's 3.79% Mortgage Rate - The Mortgage Reports
Mon, 21 May 2012 04:43:04 GMT
The banks tell Freddie Mac their "going rates" for a 30-year fixed rate mortgage, 15-year fixed rate mortgage and 5-year ARM, and Freddie Mac dutifully reports it to the American People. Unfortunately, the posted rates make a gross assumption -- they ...
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Fixed rate doesn't outsmart the market - Sydney Morning Herald
Mon, 21 May 2012 01:40:01 GMT
It's a lesson worth remembering if you're looking at refinancing a loan with a fixed rate. That is, a loan with a fixed rate of interest for a fixed term, typically one, two, three or five years. Some borrowers have legitimate reasons to want fixed ...
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Mortgage rate war kicks back into life - TVNZ
Sun, 20 May 2012 23:54:09 GMT
This morning ANZ National announced a two year fixed rate of 5.49%, the lowest carded rate on offer. It has also cut its 18 month rate to 5.55%, on par with Westpac Bank. Massey University director of banking studies David Tripe said fixed rates were ...
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To fix or not to fix? - Gatton Star
Sun, 20 May 2012 20:15:11 GMT
PRIOR to the Reserve Bank rate cut in early May, demand for fixed rate loans hit a four year high with around 15% of new loans involving a fixed rate. It's too early to say how the recent rate cut will impact demand for fixed rates, but the current ...
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