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Extern Mortgage News Daily – Mortgage Rate Watch

Mortgage Rates Trickle Just a Bit Lower

Many borrowers will see no difference between yesterday and today’s mortgage rate quotes. The average lender moved just a hair lower. Once again, the rate market is responding to war-related headlines and their impact on oil prices. Rates don’t always care what oil prices are doing, but at present, there’s more correlation than normal due to the inflation implications from a protracted conflict. Inflation is the true…

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