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Mortgage Rates Surge While Applications and Refinancing Weak
By admin | May 30, 2007
perhaps it is just passing, but it looks like the worm - that is the mortgage infect rating version of it - has finally turned.
Freddie Mac's Primary Mortgage demand Survey for the early previously to week had some pretty nub-stopping data representing those who may bear hoped for continued low rates. setting aside how, this is comparable to a pattern begun just about a year ago when rates moved into the high 6.80 percent range concluded a three month spring and summer period only to reverse and achieve a eat one's heart out term spin in the 6.06-6.20 percent tier. Who knows where it on go this time...
Topics: Mortgage News |
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