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06.20.2019

The following are 2nd quarter 2019 market trends that have been identified by Barry Slatt Mortgage: Interest rates for long-term fixed-rate loans have decreased substantially since the end of 2018. While adjustable rate loans based on U.S. Prime and LIBOR are still high due to the Fed’s increases on short-term rates, interest rates for benchmark 10-year fixed-rate loans currently range between 3.30-4.50%. Many prognosticators believe that the Fed will be lowering short term rates in the coming months. Markets for…