Tejash & Dev

Mortgage rates are stuck at the highest level in nearly three years: Mortgage and refinance interest rates today

Mortgage rates are hovering in the mid-7% area this week, and there’s growing evidence that the higher rates have chilled the market.  The average 30-year fixed rate mortgage was 7.4% this week through Wednesday, according to Freddie Mac survey data, up from 7.28% a week earlier.  Mortgage News Daily calculated mortgage rates at 7.59% as…

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