January 26, 2010 | Posted in: Real Estate Articles and Information

Maybe home buyers are beginning to hear some of these predictions about higher rates as the economy bounces back. Applications for new loans to buy houses jumped by 10 percent last week, according to the Mortgage Bankers Association. Rates hovered just above 5 percent for thirty year fixed loans and in the mid 4′s for 15 year mortgages.

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