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Mortgage Rate Update 1-30-13: Trends Projections & Today's Best Rates
Fueled by a few strong economic reports, our surprising rate spike pattern continued yesterday with a worsening of 27 basis points. Analysts are conflicted on predictions of this pattern ceasing or continuing. If you are closing escrow in the short term, it might be wise to bite the bullet and lock in your pricing before any potential worsenings continue.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest rates so you don't get duped by clever advertising campaigns.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Wednesday 1-30-2013 and will help you understand today's best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent ... more

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