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HOME » Mortgage Reports » Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged.

Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged.

October 7, 2011

Conforming mortgage rates went sub-4% this week? Well, that’s not 100% true. Lender sleight-of-hand is making rates *appear* lower. But payments are way down.

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