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We’ve heard a lot about the sub-prime mortgage loan monster raising its ugly head in the past couple of years. Like classic horror film villains – Jason, Freddie Kruger and their kin – sub-prime loans.
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Mortgage brokers’ share of home loans on the rise – From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.41 percent, up six basis points from last week. It’s the first increase in five weeks. The 15-year fixed rate averaged 3.83 percent, also.
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