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Why Have Interest Rates Jumped to a 7-Year High? - Your San Diego Real Estate Source: TAMI MCCRAW
Why Have Interest Rates Jumped to a 7-Year High? Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie …