The 30-year fixed mortgage rate posted its largest weekly percentage increase in more than 25 years, according to mortgage-finance company Freddie Mac
The increase brings the 30-year fixed rate to its highest in nearly two years. However, housing affordability still remains high. Mortgage interest rates are hovering in the 3-5% range - still very impressive compared to years previous!
If you are considering buying or selling a home, contact one of the fine sales professionals at Prudential California Realty at www.prucalhomes.com, or call 805-496-0555.
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