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Mortgage rate volatility expected in the coming month

“The refinance index jumped 9 percent, while the purchase index rose 2 percent” reports washingtonpost.com. Mortgage rates moved higher this week after the U.S. Senate passed its version of the tax bill.Bankrate.com, which puts out a weekly mortgage rate trend index, found the experts it surveyed were almost equally divided on where rates were headed.
 
Source: washingtonpost.com



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