U.S. mortgage rates surge for fourth week as Fed eyes hike

Jan 20, 2022 |

Mortgage rates climbed for the fourth consecutive week, reaching the highest level since the start of the pandemic. The average for a 30-year loan was 3.56%, up from 3.45% last week and the highest since mid-March 2020, Freddie Mac said in a statement Thursday. Rates followed a recent jump in yields for 10-year Treasuries. Borrowing […more]

Posted in: San Francisco

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