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Nov (11/4) Mortgage Rate Update

Written by Clay on . Posted in Rate Updates

Right at all-time lows in rates! Every comparison is made at no cost representing a “no-brainer” decision to take a look at a refinance. My favorite is to leave your payment the same and take years off your mortgage. This is what the bond market has done the past few weeks … Greece and some optimism about the economy has impacted rates.  Red is bad for rates – green is good.  Indication of no cost rates for today …             30 year fixed conforming $417,000 loan – 4.125% no cost 15 year fixed conforming to $417,000 – 3.625% no cost 30 year fixed conforming to $625,500 – 4.375% no cost Waiting for even lower rates could leave you on the sidelines …

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