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Tag Archives: adjustable-rate mortgage (ARM)

Mortgage Rates on the Rise

Fueled by the trajectory of both the economy and the pandemic, mortgage rates advanced upward this week; however, the housing market is expected to remain strong as 2021 comes to an end.

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Mortgage Rates Rise to Six-Month High

Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.

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