Mortgage rates bottom out during first week of 2013 - FOX 35 News Orlando

Mortgage rates bottom out during first week of 2013

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CHICAGO (FOX 32 News) -

If you are going to refinance your mortgage you might want to do it soon.

A number of analysts say rates are as low as they are going to go.

They say as the fed stops stimulating the economy there will be less money available.

On top of that, many smaller mortgage brokers were driven out of the mortgage market during the housing crisis, leaving most of the business in the hands of large banks.

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