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Interest rates on the rise

by Rob Regan on December 9, 2010

Mortgage interest rates have been rising for the past 4 weeks.  Per the Dow Jones newswire 30 year fixed rate mortgages are now 4.61%.  That is down from last year when it was 4.81% but rates had been approaching 4% just one month ago. 

Keep in mind YOUR interest rate will depend on your credit score, how much you are putting down, what type of property you buy, when you lock in your rate and several other factors.  If you’re in the San Francisco real estate market for a home purchase or refinance and need a San Francisco mortgage broker, drop us a line and we can recommend several great lenders.

If you are home shopping in San Francisco don’t forget to try out www.SF-MLS-Search.com or Pacific Union’s new PacUnion.com search at PacUnion.com/MapSearch

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