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Mortgage Rates 02-12-2018

By Joy Green Updated on 2/12/2018

Mortgage rate are now at the highest they have been in 4 years, following the 10-year tresury bond, which is up again today, and set to move higher. Headding into the spring market, we are also seeing a record low supply of hoes for sale.  30-year fixed rate is around 4.5% with good scoring, still historically low. So, what would happen if rates hit 5%... only 6% of today's prospective home buyers said it would slow their home purchasing plans, according to a RedFin survey of more than 4,000 people who baught or sold a home in 2017.  


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• 30-year (FRM) rates at 4.50% (0.00%)
• 15-year (FRM) rates at 3.87% (+0.01%)
• FHA 30-year Fixed rates at 4.31% (+0.01%)
• Jumbo 30-year Fixed rates at 4.55% (0.00%)
• 5/1 ARM rates at 3.46% (+0.01%)

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About The Author:
Joy Green
This is my profile page for Lender411.

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