Mortgage rates reach ~7%, expected to stay near current level over next year (XLRE:NYSEARCA)
· seekingalpha.com
Mortgage rates rose near 7% during FOMC week as demand fell; see latest 30- and 15-year trends and what MBA forecasts for the next year—read now.
Mortgage rates continued to rise during the Federal Open Market Committee decision week, and are expected to stay near the current level over the next year.
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