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Mortgage FAQ's

How do mortgage rates move?

Mortgage rates are constantly changing and can even change throughout a single day, but on a typical day, rates do not move very much. This is why it is important to employ Fairway to assist you in making the determination of when to lock your loan. Things that will affect the movement of interest rates are strong swings in the equity or stock market and indications from our economic position in not only the U.S. market but the world market as well.

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