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Trends: Mortgage Rates Tend To Rise Between May And August
Fri, 05/08/2009 - 13:06The monthly chart above shows average conforming, 30-year fixed mortgage rates since 2006. Notice the pattern.
Beginning near the start of May of each year, mortgage rates embark upon a multi-month climb before peaking in late-July or early-August. Then, into the New Year, mortgage rates...
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