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Fixed rate mortgages on the rise?
Posted on
May 30, 2013
by
Dale McGauran & Dan Pigott
This week 5-year bond yields have reached a three month high. As a result we may see a 5-10 bps bump in 5-year fixed mortgages.
If you are thinking of purchasing a home be sure to contact a mortgage professional to lock in your rate in anticipation of this change. If you are in need of a mortgage professional we would be happy to introduce you a member of our team.
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