Mortgage rates took a decided upturn this week, with rates for a 30 year mortgage jumping nearly two tenths of a percent. While that doesn’t tranlate into more than a few dollars on your mortgage, it was a significant jump in an industry where microscopic changes are big news. Freddie Mac is also predicting that while sales will slow through the mid and latter part of this year, a more robust recovery should begin late in 2007. That’s good news. To read the whole story, click here.
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