In ‘the Market That Could Have Been,’ Mortgage Rates Hit 14-Month High
Mortgage rates ticked up again this week, seemingly caught in an ongoing cycle of upward pressure as renewed tensions in the Middle East drive oil prices higher, stoke inflation concerns and push Treasury yields up, bringing mortgage rates along with them. This past week, rates reached a 14-month high at 6.76% for the average 30-year…
The post In ‘the Market That Could Have Been,’ Mortgage Rates Hit 14-Month High appeared first on RISMedia.
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