Mortgage Applications Decline as US Interest Rates on Mortgages Rise to 4.9%

Fourth EstateMortgage and Finance Site and app on mobile device - Austin Distel

The average interest rate on U.S. mortgages continued rising to record highs last week as the Federal Reserve signals an upcoming tightening of monetary policy to tame inflation. The 30-year fixed mortgage rate increased for the fourth consecutive week to …

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