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Understatement : Freddie Mac Says Mortgage Rates Rose Last Week

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

 

Mortgage Rate surveys are not real-time

It's been a wild 30 days for home affordability.

Since the Federal Reserve's November 3 press release, in which our nation's central banker committed $600 billion to bond markets, mortgage rates have leaped, moving quicker than the news can report them.

This week is....

 

Read the COMPLETE BLOG POST HERE:

Understatement : Freddie Mac Says Mortgage Rates Rose Last Week

Comments(2)

Stanley Stepak
Howard Hanna - Avon Lake, OH - Avon Lake, OH
Realtor - Avon Lake, Avon, Bay Village, Westlake,

Well we could have expected this in time. I am worried that the jumps are yet to be bigger. We have had our run and it has worn off.

Dec 05, 2010 03:42 PM
Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

Rates were bound to go up sooner or later!

Dec 05, 2010 03:51 PM