Gas Is Up, Mortgage Rates Follow

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www.joshmettle.com Inflation is definitely coming, just look at gas, oil, food and even the stock market, which is WAY up over the last 12 months. All of these indicators point to inflation, which is Kryptonite to mortgage interest rates. It is PROBABLE that rates will be 5.25% by middle of the summer. REMEMBER April 18th is the last day for the old FHA mortgage insurance, after the 18th the .25% increase goes into effect. On a 0k loan, that means your payment goes up by about per month for at least the first 5 years.Josh Mettle is a top producing mortgage lender specializing in financing Physicians, Dentists and Medical Professionals in Salt Lake City, Utah. Josh is also a fourth generation real estate investor, and owns a number of rental homes, apartment units and mortgages. If you're ready to buy or sell residential real estate, get Josh's latest free tips, tools and newsletter at http . Utah Real Estate Professionals can keep informed by visiting Josh's Mortgage and Real Estate Blog at www.joshmettle.com Citywide Home Loans NMLS #219996 Equal housing lender Copyright© 2011 JLM Industries. All Rights Reserved

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