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Monthly Archives: May 2022

    Mortgage Rates Hit Highest Point Since 2009

    By Tim Whetsel | May 9, 2022

    As the nation continues to experience one of the more stubborn bouts of inflation in recent memory, the Federal Reserve last week ordered the largest interest rate increase in more than 20 years. The hope is that by making it more expensive to borrow, demand will cool off. The day after the Fed’s announcement, lender... Read More