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2018-02-01 09:45:05
INTEREST RATES Projected to rise 3 to 4 times this year!

 

Mortgage giant Freddie Mac says the rate on 30-year, fixed-rate mortgages averaged 4.22 percent this week, highest since March and up from 4.15 percent a week earlier. They stood at 4.19 a year ago. The rate on 15-year, fixed-rate loans, popular among homeowners who refinance, rose to 3.68 percent this week, highest since July 2011 and up from 3.62 percent last week and 3.41 percent a year ago.

The five-year, adjustable rate rose to 3.53 percent from 3.52 percent last week and the highest since April 2011.

 

 

 

 

 

 
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