Mortgage rates jump to 5.78%, largest 1-week increase since 1987

The Freddie Mac PMMS shows purchase mortgage rates averaged 5.78% this week, compared to 5.23% a week ago and 2.93% a year ago.

The post Rates jump to 5.78%, the largest 1-week increase since 1987 appeared first on HousingWire.

Mortgage rates jump to 5.78%, largest 1-week increase since 1987
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