Why Are Mortgage Rates Increasing?

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Real Estate Agent with Home Smart Premier SA652145000

Whenever there is a presidential election, there is uncertainty in the markets as to who will win. One way that this is noticeable is through the actions of investors. As we get closer to the first Tuesday of November, many investors pull their funds from the more volatile and less predictive stock market and instead, choose to invest in Treasury Bonds.

 

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Bottom Line Interest rates are impacted by many factors, and even though they have increased recently, rates would have to reach 9.1% for renting to be cheaper than buying. Rates haven't been that high since January of 1995, according to Freddie Mac.

 

 

 

LoriWebsterSellsAZ

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interest rates
mortgage rates
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lori webster sells az

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Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lori, I had heard the rates should increase sometime in December, and just hope it isn't much! 

Nov 21, 2016 10:35 PM #1
Rainer
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Lori Webster
Home Smart Premier - Fountain Hills, AZ
REALTOR Sharing Fountain Hills, Scottsdale & more

Hi Joan, we are seeing a little bit of a jump but still under 4% for now. 

Nov 22, 2016 03:04 AM #2
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Rainer
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Lori Webster

REALTOR Sharing Fountain Hills, Scottsdale & more
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