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Interest Rates Remain at Historic Lows… But for How Long? By The KCM Crew The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the …
2014 finished with 30 year fixed rate mortgages at 3.87% as per Freddie Mac. These numbers are very close to historic lows in the spring of 2013. However, the Mortgage Bankers Association projects rates to be …