WHAT’S AHEAD FOR MORTGAGE RATES THIS WEEK – SEPTEMBER 14, 2015

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Real Estate Agent with Sonoran Premier Properties SA651669000

Mortgage Rates Sept. 14, 2015 Andrew Sherant Real Estate

A short week after the Labor Day Holiday provided a slack schedule for economic news. Bloomberg reported that residential investment for the second quarter of 2015 represented 3.34 percent of the Gross Domestic Product. Compared to the long-term average reading of 4.56 percent, analysts said that the Q2 15 reading suggested pent-up demand in the housing market that could help propel the economy through any setbacks that could occur when the Fed raises rates.

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WHAT’S AHEAD FOR MORTGAGE RATES THIS WEEK – SEPTEMBER 14, 2015

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