What is driving mortgage rates to their highest point in years
Homebuyers hoping for relief from elevated borrowing costs did not get it this week. The average rate on a 30-year fixed-rate mortgage climbed to 7.4 percent for the week ending October 7, according to data released by Freddie Mac on October 8. That figure marks the highest point for the benchmark rate in approximately 35 months, extending a streak of…
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What is driving mortgage rates to their highest point in years
Homebuyers hoping for relief from elevated borrowing costs did not get it…
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