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Florida Mortgage ratesIn many areas of Florida, Banks are offering montages at rates of about four percent for thirty year mortgages. However, the economy in Florida is still suffering and many banks are refusing mortgages to buyers that do not reach very specific expectations, including income and length of employment.
Chicago Mortgage rates
Downtown Chicago has recently experienced a boom in the real estate market, which has helped the economy in that area of the city. However, other areas of Chicago have suffered as a result of the economy. The mortgage rate for a forty year fixed rate mortgage is currently at five percent in most of Chicago.
VA mortgage rates
VA mortgage rates currently average between four and four and one half percent for fixed thirty year mortgages. However, those rates may change according to individual factors, including the length of employment and salary of the individual applying for the mortgage.
Jackson Mortgage rates
Jackson mortgage rates are at an all-time low. Analysts believe that the reduced mortgage rate will lead to a boom in the real estate market, improving the economy in the area.
California Mortgage rates
California mortgage rates can be as low as three and on half percent for a fixed fifteen year mortgage.
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