Mortgage Rates Jump

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Freddie Mac published their Weekly Primary Mortgage Market Survey yesterday.   Their survey shows mortgage rates moved up substantially with an average 30 year fixed rate home loan priced at 5.29%.  This is much higher than last weeks rate of 4.91%.  This particular survey may not truly reflect the entire jump as rates have moved from the mid 4’s to the mid 5’s very quickly.

See:
https://www.moneycafe.com/library/mortgagerates.htm

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