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Updated about 8 years ago,
Have rates moved up?
Folks - the rates I am being quoted on an investment property in Memphis have seemed to gone up from 4.5 pct around 3 - 4 weeks back for a 20 pct down 30 yr to more than or around 5 pct. For 25 pct down it seems to be hovering around 4.75 to 4.875. This is after talking to 3 lenders. What is your experience? Are you seeing a similar increase?