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Mortgage Rundown

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Market Update: November 15, 2018

Over the past month, we've seen rates hold relatively stable despite the uncertainty around the midterm elections. The 10yr is trading within the range of 3.05 and 3.25% and it’s currently at 3.15%. However, in the past year, rates are up about 80bps and it's generally believed the Fed will raise once more in 2018 and twice in 2019. A lot of that will depend on growth and inflation.

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