Up, up and away we go. We all knew these HISTORIC LOW mortgage interest rates were not going to last forever. According to Mortgage News Daily  3.7% is now the average rate on popular 30 year mortgages. Last year around this time that percent was closer to 2.7%! What it means to YOU if buying, you’ll be paying more to borrow money for your forever home. Sellers are likely to see the beginning of fewer offers on their properties. The Federal Reseve Board meets next Wed to discuss next steps.


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