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Mortgage Rates Rise

March 19, 2020 by Nick Wolter

March 19, 2020
Mortgage rates rose again this week as lenders increased prices to help manage skyrocketing refinance demand. This is expected to be a short-term phenomenon as lenders work through their backlog. On the purchase front, daily loan purchase applications were rising as of mid-February but started to decline last Friday.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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Nick Wolter

Wolter Realty Group

Twin Cities Minnesota.

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