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Mortgage Rates Soar to their Highest Level Since Late June
Washington Post, Sept. 1, 2022–Kathy Orton
The 10-minute speech given by Federal Reserve Chair Jerome H. Powell last week continues to impact mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 5.66 percent with an average 0.8 points. (MBA mention)
https://www.washingtonpost.com/business/2022/09/01/mortgage-rates-soar-their-highest-levels-since-late-june/