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Record-low mortgage rates could turn a 30-year loan into a 20-year
Should you refinance as mortgage rates keep falling?
MBS Highway CEO Barry Habib and Sarge986 president Stephen Guilfoyle discuss markets, mortgage rates and refinancing.
History was made this week in the mortgage market, giving homeowners and prospective homebuyers the chance of a lifetime.
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U.S. mortgage rates slid to record lows, as the yield on the 10-year note fell below 1 percent for the first time ever after the Federal Reserve instituted an emergency rate cut to combat the coronavirus.
INSIDE THE FED'S EMERGENCY CORONAVIRUS RATE CUT
A 30-year fixed-rate loan is now at 3.29 percent, per Freddie Mac, while other loan options are lower.