Mortgage rates tick higher again as recession fears loom
CNN
Mortgage rates ticked higher for the second week in a row as more economic indicators flashed warning signs of an impending recession.
The 30-year fixed-rate mortgage averaged 5.54% in the week ending July 21, up from 5.51% the week before, according to Freddie Mac. That is significantly higher than this time last year when it was 2.78%.
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