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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Mortgage Brokers & Lenders

Increase in Mortgage Rates

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Posted Aug 3 2008, 10:56

Hi Folks, 8)

Rise in mortgage rates is continued, 30 year fixed - Rate mortgage increased by .03% and ended up at 6.32% on an average. 5/1 ARM increased by 0.06% and ended up at 6.14% so folks choose loans before further rise.

Cheers
Rob Thomos

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