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Mortgage Rates Reach Highest Since August 2007

Mortgage rates moved higher again this week, with the 30-year fixed-rate averaging 6.29%, up from 6.02% last week, Freddie Mac said. A year ago at this time, the 30-year FRM averaged 2.88%. That’s the highest since August 2007, a year before a crash in the housing market triggered the Great Recession.
Posted: 2022-09-22 08:09:52.000000

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