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Fed Rate Increases

As a sign of economic confidence the Fed's hike will increase the average 3- year fixed rate mortgage to 4.15

The recent hike is the third rate hike of 2017, leading us to believe we can expect to continue to see rate hikes throughout 2018.

The modest increase of 1.25% - 1.5 % is perceived as a reflection of confidence in the U.S. economy.


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