Why your mortgage is keep getting more expensive?

Posted on Feb 12, 2018 09:38 AM EST
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Why your mortgage is keep getting more expensive?

World events are conspiring to make it more expensive for you to borrow money to buy a house.

Mortgage rates have increased for five consecutive weeks, according to Bankrate data, bringing interest on a 30-year fixed rate loan to 4.44 percent, the highest level in 11 months, while home prices continue to rise due to a lack of available homes.

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