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Mortgage Rates at Highest Level in More than a Year

Posted By Wally Reule @ Jun 1st 2013 6:37pm In: Sedona Real Estate Market News

This week the rate on a 30-year fixed rate mortgage jumped .22 percentage points to 3.81%, according to Freddie Mac. That equates to a 15% increase over the record low of 3.31% last November! Prices are going up for homes in Sedona, as well as interest rates. If you've been thinking about buying real estate in Sedona, don't delay!

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