Surging Mortgage Rates Set Off Scramble to Buy Homes

Bloomberg Surging Mortgage Rates Set Off Scramble to Buy Homes Bloomberg U.S. homebuyers, already contending with escalating prices, now are getting hit with the most-expensive mortgage rates in seven years. Funny thing: It's only making them move faster. The average rate for a 30-year fixed mortgage jumped to 4.61 percent, ... and more »...(read more)

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