Mortgage rates hit 23-year high as Fed plays ‘Grinch’
“Memory Lane” takes a stroll through financial history because the economy has a funny habit of repeating itself. Buzz: Mortgage rates have surged to their highest level since 2000 – with hints they’ll go higher – as the Federal Reserve plays housing’s “Grinch” to cool the economy. Source: My trusty spreadsheet looked at the rates…
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