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Compare Mortgage Rates
| 30 Yr Fixed | |||
| Lender | Rate | Points | APR |
|---|---|---|---|
| Arcus Lending | 4.250% | 0.000 | 4.299% |
| Citi Mortgage | 4.500% | 0.250 | 4.623% |
| Bank of America | 4.375% | 0.478 | 4.503% |
| Chase | 4.375% | 1.000 | 4.460% |
| Wells Fargo | 4.500% | 0.000 | 4.586% |
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Since the Fed rate cut, mortgage rates have increased in four of the last five weeks. MortgageNewsDaily.com's (MND) daily rate survey shows that the 30-year Fixed mortgage rate is back to 7%, the highest level in four months. Take a look at the image above. Mortgage Banker's Association (MBA) also… - 64
Mortgage rates jumped massively by 0.25% on Friday after a stronger-than-anticipated jobs report caused carnage to mortgage bonds and, consequently, mortgage rates. In fact, the lowest rate of the year so far was the day before the Fed funds rate cut. And that brings to me a fairly complicated and… - 62Ben Bernanke must be tearing his hair (whatever is left of it). He has increased Fed's balance sheet to an all time high of almost $3 trillion mostly through bond purchases. But the mortgage rates haven't declined as much he would have hoped. He is frustrated that the lower yield…