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Morgtage Rates Tick Up as Housing Improves Creating a Catch-22

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HFA Staff
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In a sign that the days of ultra-low mortgage rates may be ending, Freddie Mac’s weekly Primary Mortgage Market Survey, revealed that rates continue to harden, and have been doing so for three weeks.

Morgtage Rates Tick Up as Housing Improves Creating a Catch-22

The 30-year fixed rate mortgage rose to an average 3.62 percent, from 3.59 percent last week. Similarly, the 15-year fixed rate mortgage was average 2.88 percent, up from 2.84 percent last week.

Mortgage...

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