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Mortgage-backed securities (MBS)–the bonds that directly influence mortgage rates–have a hard time keeping up when financial markets are this volatile. Mortgage lenders also tend to proceed cautiously when dropping rates to multi-year lows in the midst of a these sorts of big market swings.
As Dallas-Fort Worth home market cools off, here’s where it stands to start 2019 Most mortgages are considered conventional loans, meaning they aren’t backed by the federal government. However, they.
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