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Mortgage Rates as of May 1, 2013

Mortgage rates extended their run into 2013 lows today, but only by small margins. The movement is essentially similar to yesterday’s and further supports the case for a shift from 3.5% to 3.375% for the Conventional, 30yr Fixed best execution rate. The borrowing costs associated with 3.5% are at their 2013 lows while those associated with 3.375% aren’t quite back to early January levels. Click here to read more

Mortgage Rates as of May 1, 2013

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