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Mortgage Rates Rise to 5.66%

Mortgage charges elevated for the second week in a row, persevering with a development that has slowed the housing market.

The common fee on a 30-year mounted mortgage rose to 5.66% this week, in accordance to a Freddie Mac survey of lenders launched Thursday. That is sort of double the speed from a 12 months earlier and never removed from the 5.81% peak reached in June, the best degree since 2008. The common fee was 3.22% initially of 2022.

Related Topics:banking Banking/Credit Business C&E Industry News Filter Content Types corporate Corporate/Industrial News credit Earnings Economic News economic performance Economic Performance/Indicators Factiva Filters Financial Performance Financial Services FMCC Freddie Mac home sales Home Sales/Housing Affordability Figures housing affordability figures Housing Sales Figures indicators industrial news Mortgage mortgage application Mortgage Application/Refinancing Figures mortgage banks Mortgage Banks/Real Estate Credit Rates real estate credit Real Estate Markets refinancing figures Rise Sales Figures SYND WSJ-PRO-WSJ.com

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