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Rising Mortgage Rates May Spark Buying Frenzy

by H&H Real Estate Media in Blog. Tagged:

Climbing mortgage rates are prompting some renters to jump off the fence and consider buying a home, so they don’t miss out. Mortgage rates have seen a steep rise in recent weeks. Home Purchase Mortgage applications have risen three percent and are up 14 percent over year-ago levels, according to the Mortgage Bankers Association. Fed Chairman Ben…

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