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Monthly Archives: October 2021

    The Key to Understanding the Rise in Mortgage Rates

    By Jenn Schaake | October 5, 2021

    Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains:... Read More