Mortgage Rates Reach Their Highest Levels In Three Years

From Lending Expert Blog
March 14, 2017 - 2:25am
Mortgage rate spike that started after the presidential election results has now gone into the overdrive. Today, the rates reached their highest level in almost three years. The impending Fed rate hike coupled with fear of rising inflation has pushed the mortgage-backed securities (MBS) yield lower. MBS prices and mortgage rates have anĀ inverse relationship. Lower […]

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