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Mortgage Rates jump back to 7.30% after hot inflation report ends 4-week slide

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Mortgage rates jumped Tuesday after October’s inflation report came in hotter than expected. The average 30-year fixed rate rose 0.12 percentage point in one day to 7.30%, according to Mortgage News Daily. That was the biggest one-day increase in more than a month, and it ended a four-week stretch of easing rates that had just […]

The postMortgage Rates jump back to 7.30% after hot inflation report ends 4-week slideappeared first onRolling Out.

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