BREAKING NEWS: Mortgage Refinance Increase 15% Due To Mortgage Rate Drop

BREAKING NEWS: Mortgage Refinance Increase 15% Due To Mortgage Rate Drop. Arizona Mortgage Rate - Arizona Mortgage News - Insider Tips - Mortgage Rates Are On The Rise

BREAKING NEWS: Mortgage Refinance Increase 15% Due To Mortgage Rate Drop video duration 1 Minute(s) 27 Second(s), published by Gustan Cho Associates on 14 08 2019 - 02:33:21.

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Mortgage Refinance Increase 15% Due To Mortgage Rate Drop * Mortgage Rates hit a 36-month low
- On the flipside, Mortgage Rates hit the highest levels 60 Second Update for Real Estate & Mortgage News for July 2019.

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1. Mortgage Refinance Increase 15% Due To Mortgage Rate Drop

* Mortgage Rates hit a 36-month low.

- On the flipside, Mortgage Rates hit the highest levels in 2018 since the 2008 Great Recession And Housing Crash
- The Federal Reserve Board (The Fed) increased interest rates four times in 2018
- Many borrowers who closed on their home loans in 2018 got hit with the highest rates since the 2008 Real Estate Market Crash
- Since the beginning of the year, mortgage rates have been dropping to its lowest levels in three-years
- This is mainly due to the Federal Reserve Board taking an opposite stance of its 2018 rate increases
- The Federal Reserve Board recently cut interest rates by 25 basis points
- This interest rate cut by the Feds was the first time since the 2008 Recession
- Mortgage Refinance Increase by more than 15% due to the consistent mortgage rate drop

Home prices are continuing to climb despite high home prices. Inventory of homes still remain low in many states. For more information about the content of this article and/or other mortgage-related topics, please contact us at Gustan Cho Associates at 262-716-8151 or text us for faster response. Or email us at gcho@loancabin.com.

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