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Rates Are On the Rise Again

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

         Rates  Interest rates looked as is if they were beginning to make a comeback last week.  The stock market had two consecutive catastrophic session and rates showed signs of improvement.  As of the close of business Friday, however, they were back to their one year highs.  The conforming 30 year fixed was at 4.125% with the high balance conforming for Fairfield County at 4.3875%.  The jumbo 30 year could still be found at 4.125% from one investor.