30-year-fixed mortgages surge over 6%, the largest one week bounce in 35 years

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30-year-fixed mortgages surge over 6%, the largest one week bounce in 35 years – CBS Information


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Mortgage costs have surged over six p.c, up almost an entire share level from a month in the past and the largest one week bounce in 35 years, making it more durable to afford a mortgage. CBS Information correspondent Kris Van Cleave has extra on what this implies for the housing market.

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