Practical Thinking for the New Mortgage Rate Environment

This is extract from an article that I wrote for a Chicago real estate blog.  The article is worth a read if you are currently looking to buy.

If you have not been considering a real estate transaction recently, this may come as news to you, but the price for mortgages is on the rise. The question, however, most often posed by borrowers in these volatile times is whether the salad days of the sub-4.5% mortgage rates are well behind us.

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