Mortgage Rates Have Been Rising at a Pace Not Seen in Almost 50 Years

Washington Post, May 24, 2018–Kathy Orton
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.66 percent with an average 0.4 point. Meanwhile, mortgage applications declined again last week, according to the latest data from the Mortgage Bankers Association.

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