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Mortgage Rates as of June 5, 2013

Mortgage rates were moderately higher today, taking most lenders into slightly higher territory than yesterday or last Tuesday (the two worst days recently). Last Tuesday was the game-changer for rates, and every day since then has been in 14-month high territory–today being the worst. The best-execution rate for 30yr Fixed, Conventional loans is now likely moving into the 4.125 range, though buying down to 3.75% may make sense for some borrowers (paying extra upfront cost in exchange for a lower interest rate). Click here to read more

Mortgage Rates as of June 5, 2013

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