Mortgage rates rise again

Industry News

MCLEAN, Va. —  Freddie Mac‘s Primary Mortgage Market Survey released Thursday shows that the 30-year fixed-rate mortgage (FRM) averaged 5.27%. “Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009,” said Sam Khater, Freddie Mac’s chief economist. “While housing affordability and inflationary pressures pose challenges for potential buyers,…

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