Mortgage rates continue upward climb to 7.17%

foxbusiness.com/economy/mortgage-rates-april-25-2024

Mortgage rates climbed again this week, exacerbating the home affordability crisis that is stifling the housing market.
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark jumped to 7.17% this week from 7.1% last week. The average rate on a 30-year loan was 6.43% a year ago.
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