Mortgage rates post largest weekly increase in 26 years

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jun. 27, 2013

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Mortgage rates skyrocketed on news that the Federal Reserve may begin to taper its stimulus program, jumping by their largest weekly margin since 1987, Freddie Mac reported. Rates on 30-year fixed-rate mortgages averaged 4.46 percent with an average point of ...

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