Thursday, May 24, 2018

Freddie Mac: Mortgage rates haven't risen this consistently in 40 years

Mortgage rates haven't risen this consistently to start a year in more than 40 years, according to Freddie Mac’s latest Primary Mortgage Market survey. “Through May, rates have risen in 15 out of the first 21 weeks, which is the highest share since Freddie Mac began tracking this data for a full year in 1972,” Freddie Mac Chief Economist Sam Khater noted.

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