Many economic factors influence the growth of the key mortgage rate. In such a period, people began to refrain from taking new mortgages. But there is a way out of this situation. I suggest contacting a mortgage counselor to help you get the best mortgage available. Read about do mortgage lenders take overtime into account, maybe it will help you. Wait for a period of declining interest rates and refinance your mortgage at a lower interest rate. It's a common practice for people who need a home in a hurry and doesn't have time to wait for a rate cut.
RE: >U.S Mortgage Rates Rise for a 6th Consecutive Week Mortgage rates were on the rise once more last week. The upward trend in rates and home prices is beginning to take effect on refinancing and demand.
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>U.S Mortgage Rates Rise for a 6th Consecutive Week Mortgage rates were on the rise once more last week. The upward trend in rates and home prices is beginning to take effect on refinancing and demand.