Economics

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Two wooden blocks on a table. One block has a percentage symbol, the other has an up and down arrow. A hand moves the second block to show the 'up' arrow, symbolizing an increase in rates.

Mortgage Rates Shoot Back Up to 7%

After some recent fluctuations, mortgage rates have risen to 7%. Earlier in the year, the 30-year fixed mortgage rate dropped from 7.52% in April to 6.11% by September, according...
Oct. 29, 2024