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Single family homes on the market. Updated weekly.Powered by Altos Research
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Ellie Mae: Interest rates on closed loans rise to 16-month high 

Mar 15, 2017By

The average interest rate for 30-year, fixed-rate mortgages rose to a 16-month high in February, according to the new data from Ellie Mae. The increase in interest rates depressed the refinance market, as the report showed that the share of purchase mortgages closed rose to 57% in February. That’s the largest that figure has been since July 2016.

3d rendering of a row of luxury townhouses along a street

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