Author: badmortgage

Five of seven Montgomery County supervisors want to raise real estate taxes by five cents in the next fiscal year. Citizens can comment on the planned tax hike and the next fiscal year’s budget when the county board meets Thursday, April 9. Supervisors will hold public hearings at 6:30 p.m. in the second-floor board chambers of the county government center, 755 Roanoke St., Christiansburg. Meeting March 23, supervisors voted 5-2 to advertise new tax rates and the proposed fiscal 2026-27 budget. If approved, the real estate and mobile home tax rate will rise from 76 to 81 cents per $100…

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The mortgage market is showing a bit of a tug-of-war today, April 4, 2026. If you’re thinking about refinancing, you’ve probably noticed rates aren’t quite as friendly as they were. In fact, the average 30-year fixed refinance rate has crept up by 7 basis points, now sitting at 6.86%, according to Zillow. This continues a trend we’ve been seeing, making it a little pricier to swap out that old mortgage for a new one. Mortgage Rates Today – April 4, 2026: 30-Year Refinance Rate Rises by 7 Basis Points What’s Happening with Refinance Rates Today? Let’s break down the numbers…

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A $66.5 million project to upgrade Haverhill’s wastewater treatment plant and South Mill Street Pump Station top the list of area major water and sewer projects the state said last week are eligible for low-income loans and some loan forgiveness. Other area projects covered under the state’s Clean Water State Revolving Fund include Merrimac’s $33.6 million wastewater treatment plant upgrade. A portion of Haverhill’s principal is expected to be forgiven under the state’s affordability criteria. In addition, under the state’s Drinking Water State Revolving Fund, is Haverhill’s requested $25 million to construct a radial collector well to take water from…

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The prevailing wisdom from most housing experts is that mortgage rates are unlikely to fall all the way back to 5% by 2027. While this might be a dream number for aspiring homeowners and those looking to refinance, the current forecasts from major organizations paint a different picture. Instead, you’re more likely to see rates hovering somewhere between 5.6% and 6.4% in that year. Will Mortgage Rates Plummet to 5% by 2027? Here’s What the Experts Are Saying. As someone who’s been following the housing market for years, I understand the allure of those super-low rates we saw during the…

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Apr 6, 2026 Mortgage rates have decreased notably compared to the previous week, according to data from Yahoo Finance. The average rate for a 30-year fixed mortgage is now 6.22%, which is a quarter point lower than the prior weekend’s figure. The average 15-year fixed mortgage rate stands at 5.72%.Current Rates for Home PurchasesNational average rates for various mortgage products are available. For a 20-year fixed mortgage, the average rate is 6.23%. Adjustable-rate mortgage averages include 6.27% for a 5/1 ARM and 6.24% for a 7/1 ARM. For VA loans, averages are 5.90% for a 30-year term, 5.56% for a…

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Good news for homeowners looking to potentially lower their monthly payments: on Sunday, April 5, 2026, mortgage refinance rates have seen a slight dip. Specifically, the average 30-year fixed refinance rate has dropped by 5 basis points, now sitting at 6.80%, according to Zillow. This small but welcome decrease comes after a period of some back-and-forth in the market. Mortgage Rates Today – April 5, 2026: 30-Year Refinance Rate Drops by 5 Basis Points What’s Happening with Refinance Rates Right Now? Let’s break down the numbers from Zillow for today, April 5, 2026: 30-Year Fixed Refinance: This is the most…

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