Rising Rates Could Keep Renters Out of the Purchase Market

The 30-year mortgage rate has increased nearly 50 basis points over the past five weeks, which has hurt refinancings. But purchase activity has held up pretty well.

Article source: http://www.nationalmortgagenews.com/dailybriefing/rising-rates-could-keep-renters-out-of-the-purchase-market-1036980-1.html

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