Mortgage rates are rising at fastest rate in a decade

FAN Editor 2 years ago

Mortgage rates are rising at fastest rate in a decade – CBS News

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Mortgage rates in the U.S. are at their highest level since 2009. The average for a 30-year loan jumped a tenth of a percent last week to 5.2%. Mike Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, joined CBS News’ Tony Dokoupil and Tanya Rivero to discuss.

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