Tag: mortgage rates update

Mortgage Rates Just Went Up to Their Highest Point This Year, Signaling a Potential Trajectory Ahead

The latest data shows mortgage rates have hit their highest point this year, reaching 6.77% for a 30-year fixed-rate home loan. This increase could be a result of the Federal Reserve's actions to combat inflation, which could keep mortgage rates elevated for a while. This might slow down the spring homebuying season. However, it's important […]
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