February 19th, 2010 categories: Mortgages & Financing, The Market
Yesterday, I was talking with Tim O,Leary, of Wells Fargo, and he let me know that interest rates have risen about an eighth of a percent in the last week. I asked him what interest rate a buyer would get if they would have locked a rate today and he said it would be around 4.875%. That is up from about 4.75% the week before. CLICK HERE TO READ THE ENTIRE BLOG.
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