Mortgage rates jumped again this week, giving no relief to the price-weary homebuyers still in the market.
The rate on the 30-year fixed mortgage increased to 5.66% from 5.55% the week prior, according to Freddie Mac, and is up more than a half-point from two weeks ago. While lower than the 5.81% registered in June, the rate remains over 2 percentage points higher than the start of the year.
Higher borrowing costs have left cash-strapped homebuyers at a divide. Some folks have opted to put off…
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