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Originally Posted by MMMCOOKIES335...
+1. Rates are going up right now too. We got a pre-approval in June @ 3.15% 30 yr. fixed. We just locked in 30 days ago at 4.625% .
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If you can beat rental rates, it's a good time. Rents are rising too, but in many areas of SoCal at least the rent/buy ratio is way off.