What $500,000 buys you: East vs. West | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports

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The Mortgage Reports is a source for mortgage related news. Not only that, but we're going to help you get better at purchasing your first (or second) home..

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Low mortgage rates have many people thinking about buying a new. whether you are looking to buy today, six months from now or a year from now,” he said.. “As long as your exit strategy matches the fixed period than it is worth considering ,” he said.. CNBC's Diana Olick contributed to this report.

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