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Mortgage Rates Spike Again While Pending Sales Drop And Inventory Levels Rise
ValueWalk, Sept. 29, 2022–Phil Hall
This means that for the typical mortgage amount, a borrower who locked-in at the higher end of the range would pay several hundred dollars more than a borrower who locked-in at the lower end of the range. (MBA mention)
https://www.valuewalk.com/mortgage-rates-spike-again-while-pending-sales-drop-and-inventory-levels-rise/