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Just PoliticsLeisure
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 Mortgage rates are surging to the highest level in 7 years
Posted by grapebed on 5/15/18 3:57pm

CNBC May 15th, 2018

"The average contract rate on the 30-year fixed will end the day at 4.875 percent for the highest creditworthy borrowers and over 5 percent for the average borrower."

This does not bode well for refi's. Ouch.
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