The bank posted 5 year rate has dropped from 5.69% to 5.59%. That .10% is not significant but it is allowing fixed rates to continue to edge down. Overall, rates are lower than they were a few weeks ago, and a lot of our lenders are beating the posted rate by 1.5% or more.
It would be nice to see rates stay at these levels throughout the summer!
Rates drop – but only slightly
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