Long-term mortgage rates are determined by Mortgage Backed Securities (MBS) that react many times inversely to stocks (ie: Stocks Up, MBSs Down = Mortgage Rates Up).
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We Highly Recommend -Educated Consumers read the following ...
Fact: Published, Quoted and Web posted mortgage rates are nothing more than plain old fashioned Advertising - designed to get borrowers into the loan process.
There is Absolutely No Guarantee the Advertised or Quoted Rate will be honored.
Mortgage rates are Program Specific, Borrower Specific and adjust constantly throughout the day based on market conditions - just like stocks.
Only a detailed analysis of Your specific information can result in accurate program placement. Then and only then can appropriate rate information be determined.
Contact one of our Mortgage Specialists for your FREE mortgage financing evaluation.
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