Mortgage rates just hit a 12-year high
CNN Edition - Business·2022-04-22 12:02
(CNN)Mortgage rates continued to rise this week, reaching their highest level in more than a decade.
The 30-year fixed-rate mortgage averaged 5.11% in the week ending April 21, up from 5% the week before, according to Freddie Mac. It is the seventh consecutive week of increases and is significantly higher than the 2.97% average this time last year.
……Read full article on CNN Edition - Business
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