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Mortgage Market Update

San Fernando Valley Market Update. Data provided by Southland Regional Association of Realtors Here's a quick Mortgage Market Update from Adam Halem, Senior Mortgage Consultant of OptionOne Lending. He said, "The main thing the markets will be listening for is direction on whether the Fed will hike rates again in December and how many rate hikes next year." Let's discuss the rates first. We can observe an uptrend with the 30-year fixed rate with 4.97%, it's highest level since April 2011. Other rates are all up across the board. ...

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