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August 20, 2008
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Interest Rate Update

Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees.

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Inflationary fears have rates on the rise.  Wall Street is keeping a close eye on any hint of rising prices and that’s going to translate into higher rates.  If you like today’s rates you might think about locking.  

6.125%

Rising

How do we get our rates?

Most mortgage rate surveys contain old data, sometimes a week old, as in Freddie Mac's weekly interest rate survey. Still other mortgage rate services poll different lenders in such a confusing format that it's hard to understand with such polls being nothing more than lenders advertisements.

Our mortgage rates are culled from actual rate sheets from major lenders each and every day as soon as they're released. The rates are fresh and accurate and benefit our readers with no bias towards one lender or another.

Published: May 22, 2008

Use of this article without permission is a violation of federal copyright laws.






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Mortgage Rates
30 Year Fixed: 6.52%
15 Year Fixed: 6.07%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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