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"Mortgage Rates Jump to 7-Year Highs"

Summary:
From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump to 7-Year HighsMortgage rates spiked in a big way today, bringing some lenders to the highest levels in nearly 7 years (you'd need to go back to July 2011 to see worse). That heavy-hitting headline is largely due to the fact that rates were already fairly close to 7-year highs, although today did cover quite a bit more distance than other recent "bad days." [30YR FIXED - 4.75-4.875%] emphasis added Here is a table from Mortgage News Daily:Home Loan RatesView More Refinance Rates(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "http://widgets.mortgagenewsdaily.com/public/javascript/rates.js";

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump to 7-Year Highs
Mortgage rates spiked in a big way today, bringing some lenders to the highest levels in nearly 7 years (you'd need to go back to July 2011 to see worse). That heavy-hitting headline is largely due to the fact that rates were already fairly close to 7-year highs, although today did cover quite a bit more distance than other recent "bad days." [30YR FIXED - 4.75-4.875%]
emphasis added
Here is a table from Mortgage News Daily:

Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

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