Mortgage Rates Just Shot Up Again—but the News Gets Worse From There

Econ & Housing

Mortgage rates soared even higher this week, averaging 6.79% for a 30-year fixed-rate home loan as of Thursday, according to Freddie Mac. That’s a significant jump from last week’s rate of 6.57%. As if that weren’t enough to make homebuyers’ hearts skip a few beats, many are finding very few fresh listings on the market—and…

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