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What's Happening with Mortgage Rates?

Mortgage Rates: What’s happening and where will they go from here?

Based on the Primary Mortgage Market Survey fromFreddie Mac, the average 30-year fixed-rate mortgage has increased by over 1% since January of this year, with a substantial rate jump last week. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to the rapid increase in mortgage rates this year: Just a few …

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