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Originally Posted by Nords
We refinanced a plain-vanilla mortgage on the 5th of July at 5.375%.
Is anyone else seeing rates scream up in their area?
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Yes. In Upstate NY 5 - 5 3/8% was pretty common during Q4'04 thru Q1'05. Now 5 7/8 seems the average. Lower rates have points attached and our local friendly CU is quoting 6% 
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In a panamax down by the river.
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