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Mortgage Rates Heading Lower

Based on the statement released by the  Federal Reserve today after the meeting of the Federal Open Market Committee (FOMC), mortgage rates will move lower again. This is after a week and a half of upward movement in rates. Predicting if rates will go lower is not easy. These articles from Mortgage Rate Watch provide some good daily guidance for those who may be contemplating to lock in a low mortgage rate on a purchase or refinance. Read more

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