Wednesday, January 5, 2011

Could Rising Mortgage Rates Spur Housing Rush?

Mortgage rates have been rising ever since November 2010, when lows of 4.42 percent were reported. recently reported a rise to 5.02 percent in 30-year fixed rate loans, which is the second time in three weeks rates have crossed the 5 percent mark--many experts say signaling the end to the 4 percent mortgage rate era.

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