Mortgage rates tick up for everyone but wealthy

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The Mortgage Bankers Association said the 30-year fixed rate for jumbo home loans, those in excess of $417,500, dropped to 3.76 percent from 3.83 percent last week, even as loans for most other borrowers increased. Rates for conforming, 30-year fixed mortgages, those with loan balances below $417,500, were up only slightly to 3.54 percent from […] [Read More]
Categories: General