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• Palo Alto's population is approximately 98,000

• The average property sold for approximately $758,000.

• Home value increased approximately 7.4% in the region over the last 12 recorded months.

Looking for a great deal on your next mortgage refinance? Let the nations top lenders compete to offer you a great mortgage solution. Our lender network matches you with up to 4 custom mortgage refinance quotes.

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* Quicken Loans

* Wells Fargo

* Amerisave

* Wachovia

What are key factors that would change mortgage rates?

Mortgage rates are traditionally driven by the economy. They are a commodity that investors purchase as mortgage backed securities. Therefore like any investment they can be impacted by inflation, GDP, CPI, stock market rallies and other global events.

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