More mortgage borrowers turning to shorter-term fixes

Despite the average five-year fixed mortgage rate (5.68%) being lower than the average two-year fixed rate (5.78%) in May, demand continued to shift towards

​  Despite the average five-year fixed mortgage rate (5.68%) being lower than the average two-year fixed rate (5.78%) in May, demand continued to shift towards  

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Despite the average five-year fixed mortgage rate (5.68%) being lower than the average two-year fixed rate (5.78%) in May, demand continued to shift towards