Mortgage rates edge higher; bump in house flipping raises concern

Mortgage rates

Mortgage ratesBy Hal M. Bundrick | NerdWallet

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For the first time in two months mortgage rates edged higher, but remain well below 4% as the housing industry prepares for the spring selling season.

Meanwhile, house flipping is at its highest level in eight years, causing at least one economist to express concern that the “housing market is in trouble.”

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