Posts Tagged ‘buying real estate’

Mortgage Rates Dip in Advance of Forecasted Rises in 2010

While the mortgage industry is definitely expecting a rise in interest rates in upcoming months, the first week of the year has actually seen a slight dip in rates as we enter the new decade. The mortgage rates for 30 year mortgages have actually managed to drop slightly from around 5.14% to 5.09% for the first dip in a steady climb over the previous five weeks after hitting an epic low of 4.71% at the beginning of December.
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