Word: bestinfo
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...only natural for folks to take interest rates personally. Even though mortgage rates have remained low through the successive hikes, some time (soon?) the ride is going to be over. Today, a 30-year fixed rate mortgage with no upfront points averages about 6 1/8%, according to Bestinfo Inc. - rising 1/8 of a percentage point on Monday - while adjustable rate mortgages are slightly lower. As short-term interest rates rise, so should mortgage rates - though nothing is certain about the real estate market anymore, it seems. Long-term interest rates actually declined over the past year, even...
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