According to Freddie Mac;
“Long-term fixed mortgage rates trended up for a third week, bringing rates on 30-year and 15-year fixed-rate mortgages back to their levels of last November,” said Frank Nothaft, Freddie Mac vice president and chief economist. “Refinancing activities, which had surged to a 12-month high in January, according to Freddie Mac’s monthly refi share report, are likely to ebb following this recent rise in rates.”



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