Mortgage rates held in check as recession fears mount

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Mortgage rates held in check as recession fears mount

Published Thursday 30 June 2022

After being prodded higher by inflation fears, mortgage rates were dragged down this week by recession concerns. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average dropped to 5.7% with an average 0.9 point. (A point is a fee paid to a lender equal to 1%...

Business Economy Fixed Rate Mortgage Interest Rates Mortgage Lenders Real Estate

Details About the Article "Mortgage rates held in check as recession fears mount"

This article was originally published by SFGate and was recommended by Realty48.com a couple of days later due to its popularity. It has gotten a lot of attention and 0 comments have been submitted since it was published in June of 2022. The article "Mortgage rates held in check as recession fears mount" is a news post and categorized as Realty by realty48.com and the main topics includes Business, Economy, Fixed Rate Mortgage, Interest Rates, Mortgage Lenders & Real Estate.

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