Last week rates were on a rollercoaster ride but mostly rates went up. Kiplinger Letter thinks they will not get much higher than they are now. According to the Mortgage Market Guide mortgage backed securities, bonds that finance residential mortgages, are trading in range that supports the Kiplinger view.
I am linking my weekly Realor newsletter from the Mortgage Market Guide if you would like more detailed information. I will link this every Monday.
Paul's MMG Weekly
MMM
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Mortgage Money Man
This blog discusses topics related to residential real estate loans, mortgages and credit topics and issues. It is to help you manage your home as your most valuable financial asset. Some topics will discuss investments as home equity may be invested for a greater return.
Helping you better manage the investment you have in your home.
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- Bonita Springs, Florida, United States