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Your Interest Rate

The amount of your loan can increase your interest rate if the amount financed exceeds the conforming loan limits established by Fannie Mae and Freddie Mac.
Read more about mortgage interest rates >>

Your Interest Rate

The amount of your loan can increase your interest rate if the amount financed exceeds the conforming loan limits established by Fannie Mae and Freddie Mac.
Read more about mortgage interest rates >>

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Mortgage Website
Mortgage Website
Updated on March 24, 2017 10:47:05 AM EDT

Februarys Durable Goods Orders report was posted at 8:30 AM ET. The Commerce Department announced a 1.7% increase in new orders for big-ticket products such as airplanes and appliances. This was a little stronger than the 1.3% rise that was expected, but because this data is known to be quite volatile from month to month, the variance didn’t raise any concern. In fact, a secondary reading that excludes more costly and volatile airplane orders came in lighter than forecasted. While this is normally considered a pretty important report, it has not had much of an impact on today’s trading or mortgage pricing.
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