15-09-2016 19:07 via abqjournal.com

Mortgage rates move higher heading into fall homebuying season

The rate on a 30-year fixed mortgage, the most popular home loan product, made its biggest jump in three months after a volatile week in the bond market. The movement of the 10-year U.S. Treasury typically is a leading indicator of where mortgage rates are headed. When yields rise, home loan rates tend to follow. […]
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