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Mortgage rates are dropping to fresh lows. July could provide some of the lowest rates seen in over 2 years. This is the chance mortgage rate shoppers have been waiting for.
"Expect the rates to trend lower this week, albeit not significantly." But Elizabeth Rose, a certified mortgage planning specialist at AmCap Home Loans in Plano, Texas, expects rates to hold steady..
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An amount paid to the lender, typically at closing, in order to lower the interest rate. Also known as mortgage points or discount points. One point equals one percent of the loan amount (for example, 2 points on a $100,000 mortgage would equal $2,000).
Mortgage Rates In Wills Point Texas After President Trump’s surprise threat about new tariffs on Mexico, investors are looking to Fed rate cuts to rescue the markets and economy. States such as Arizona, Michigan and Texas will feel..