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Mortgage Rate Summary for this week

This Week's Mortgage Rate SummaryHow Rates Move:Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up.{C}Rates Currently Trending: Neutral Mortgage rates are trending sideways this morning.  Last week the MBS mark...

May 24th, 2017 Mortgage Rate Summary for this week

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Lake City Mortgage

421 N Mullan Rd
Spokane Valley, Washington 99206

Phone: 208-640-5626

Fax: 888-676-6547

NMLS: 75605

 

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