Tag Archives: interest rates

Strong gains for Texas homes activity – prices

Posted on August 29, 2016 by robertjrussellcompanies

Mortgage rates have edged lower so far this week according to Bankrate.com. It says that the average 30-year FRMs were down Monday to 3.36 per cent, 7 basis points lower than a week ago; 15-year FRMs averaged 2.65 per cent, … Continue reading →

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How do Interest Rates Affect Annuities?

Posted on August 16, 2016 by robertjrussellcompanies

Most companies will offer several interest strategies on an annuity, and those can be dependent upon market fluctuations, or contractual stipulations. They can change daily. Other annuities will have set interest rates that may change monthly, or may remain the … Continue reading →

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Mortgage originations down at start of 2016

Posted on June 5, 2016 by robertjrussellcompanies

There was a drop in mortgage applications in the first 3 months of 2016. RealtyTrac data shows that there were 1.4 million mortgage originations on residential properties (1 to 4 units) in the US, down 12 per cent from the … Continue reading →

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