That’s the benchmark mortgage rate’s first time out of the 2s in roughly a month.
“Despite this favorable rate climate, there remains a shortage of homes for sale,” said Sam Khater, Freddie Mac’s chief economist, in a statement.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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30-Year Mortgage Rate Edges Back Up to 3%
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