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What mortgage rates rising mean for buyers

By Anthony Sprotti | July 13, 2022 | 0 Comments

Welcome to my first blog post. Today I want to talk about rising rates and what that means for buyers and sellers. The average interest rate in 2021, according to bankrate.com, was 2.96%. As of 7/08, it was 5.67%. While the rates topped out at 5.91% in June, the expectation is that the Federal Reserve […]

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Mortgage Rates

For 2/01/2023

30 Year Fixed
6.0%
15 Year Fixed
5.25%
5/6 ARM
6.75%

For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

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