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That Mortgage Rate Offer Will Expire In Less Than 4 Hours — Lock It Or Lose It



Tue, 09/01/2009 - 11:00
It appears that shopping for a mortgage rate isn't getting any simpler. For the 3rd consecutive 60-day period, mortgage lenders issued 2-plus rate sheets per day on average and rates changed once every 3 hours, 54 minutes. But for all of those updates -- surprisingly -- rates haven't really changed all that much.

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