Strong Economic Growth Pushes Mortgage Rates Higher

Washington Post, Oct. 12, 2017–Kathy Orton
After a month of incremental increases, fixed mortgage rates took their biggest leap since this summer. “Data released last week, on balance, suggested continued strong economic growth,” said Joel Kan, a Mortgage Bankers Association economist. “In combination with hawkish comments from some Fed officials, this pushed rates up.”

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