MBA: 30-year mortgage rate now sits at highest level since May 2014

mortgage-rates3Plus, mortgage applications increase slightly

Housingwire

Mortgage rates are moving on up and don’t show signs of slowing anytime soon, as the 30-year fixed-rate mortgage with conforming loan balance once again reached a new record high.

At this point, it seems like mortgage rates are escalating to new highs each week, as seen here and here.

Continued:

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