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Mortgage rates shoot higher after Fed Chairman Powell’s comments – NBC News

The average rate on the popular 30-year fixed mortgage moved decidedly higher Thursday, hitting 3.25 percent, the highest rate…

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The average rate on the popular 30-year fixed mortgage moved decidedly higher Thursday, hitting 3.25 percent, according to Mortgage News Daily. That is the highest rate since mid-April.
The move was a reaction to comments made Wednesday by Federal Reserve…

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