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Tag: fixed rate mortgages

Mortgage Rates on the Rise Could Give Way to Adjustable-Rate Mortgages

Tyler Johnson

July 28, 2022

Federal Reserve raised the federal funds rate in the United States again today in an attempt to quell rising inflation. While the Fed does not have direct control over mortgage rates, they often rise when the federal funds rate also heads north. As of the time of this writing, the average 30-year fixed mortgage rate… Continue Reading

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