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July 14, 2022

Filed Under: Interest Rates

Mortgage Rates Shift Upward

July 14, 2022
Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices at escalated levels, and inflation continuing to impact consumers, affordability remains the main obstacle to homeownership for many Americans.

Information provided by Freddie Mac.

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