Month: August 2024

Weekly Mortgage Report – August 22, 2024

Mortgage Rates Decrease Slightly, Big Downward Revision In Non-Farms Payroll Mortgage rates decreased 3 basis points from last week, according to the Freddie Mac Primary Mortgage Market Survey released August 22nd. Although mortgage rates have stayed relatively flat over the past couple of weeks, softer incoming economic data suggest rates will gently slope downward through …

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Weekly Mortgage Report – August 15, 2024

Rates Essentially Unchanged, CPI Breaks Key Psychological Barrier Mortgage rates increased 2 basis points from last week, according to the Freddie Mac Primary Mortgage Market Survey released August 15th. While rates increased slightly this week, they remain more than half a percent lower than the same time last year. In October 2023, the 30-year fixed-rate …

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.