Business & Economy
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
Mortgage rates rose sharply Thursday, as bond yields surged, with the average rate on the 30-year fixed hitting 7.45%, according to Mortgage News Daily.
AI Summary
Mortgage rates surged Thursday as bond yields spiked, pushing the average 30‑year fixed mortgage rate to 7.45%, per Mortgage News Daily. Freddie Mac reported the rate had just crossed 7% that morning, reflecting a weekly average rather than the same day’s figure.
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