Byusnewsr1-

Jan 7, 2022

Happy Mortgage Bottom Day! Rates surge on 1-year anniversary of historic low

Happy Mortgage Bottom Day! Rates surge on 1-year anniversary of historic low

The “Looking Glass” ponders economic and real estate trends through two distinct lenses: the optimist’s “glass half-full” and the pessimist’s “glass half-empty.”
Buzz: Happy Mortgage Bottom Day! On the one-year anniversary of mortgage rates hitting their record low — 2.65% for the average 30-year fixed-rate loan — rates hit a nine-month high at 3.22%, says Freddie Mac.
Debate: Historically low…

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