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With its founder and a private equity firm sharing ownership of its new parent company, Metrocities Mortgage LLC is putting its dalliances with subprime lending behind and returning to the company’s.
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Mortgage Rate Trends. Mortgage rates have increased 1 basis points for 30-year mortgages week over week to 4.86%; 30-year benchmarks are up 92 basis points from this time last year; 15-year benchmarks are up 104 basis points from this week last year