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Why Are Mortgage Interest Rates Increasing?

November 22, 2016 8:00 am

Why Are Mortgage Interest Rates Increasing? | Keeping Current Matters According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly.