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Mortgage Rates Continue to Inch Up

July 21, 2022 by Jake Davis

July 21, 2022
The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation and a potential recession are manifesting in softening demand. As a result of these factors, we expect house price appreciation to moderate noticeably.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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