If you are a buyer, I hoped you took my advice a couple of weeks ago & locked in your 2.89% 5 year rate. This second increase in 2 weeks has us sitting at 3.49% now. But don't dismay...remember when rates were 4.99% and everyone in a variable locked in because they thought they couldn't go any lower? We are still sitting at all-time lows, so don't pay someone else's mortgage, start paying your own!
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