Mortgage Interest Rates Have Begun to Level Off – Maggie Rose, Realtor, Presents South West Florida Luxury Homes Interest rates spiked in the past couple weeks putting buyers in a frenzy. With interest rates having been this low for so long, the increase was inevitable but buyers are on edge because of it.
According to the number-crunchers at Realtor.com, prices dipped in September, and homes spent more. The adjustable-rate mortgage (arm) share of activity was unchanged at 6.9% of total applications,
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