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The higher mortgage rates are offset….

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Posted Aug 3 2008, 10:57

Hi,

FL – Miami, Orlando

The average rates for 30-year FRM and 1-year ARM are much higher in Orlando than they are at Miami. The rates for 15-year FRM is also higher though the difference is not as wide as for the other two and is limited to 3 basis points. The higher mortgage rates are offset by the total absence of points in Orlando.

Thanks and Regards
Rose Smith