Tag: mortgage rates
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Mortgage Rates Surge to 2-Month High — Here’s What’s Driving It
Homebuyers and refinancers just got hit with another bump: mortgage rates climbed for the second straight week, reaching their highest levels in about two months. Here’s the breakdown, according to the Mortgage Bankers Association: What’s behind the spike? Rising bond yields are a big part of the story — and political drama isn’t helping. President…