Buyers of pricey houses are finding that money has suddenly become more expensive to borrow. Ditto for loan applicants who dont want to prove that they told the truth about their incomes. Rates on jumbo and Alt-A mortgages have zoomed upward since the last week of July, even as rates on conforming, fixed-rate mortgages slipped downward.
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[Source: Yahoo! News Search Results for mortgages]
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