The Berwald Group

612-669-0596

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February 17, 2022
Mortgage rates jumped again due to high inflation and stronger than expected consumer spending. The 30-year fixed-rate mortgage is nearing four percent, reaching highs we have not seen since May 2019. As rates and house prices rise, affordability has become a substantial hurdle for potential homebuyers, especially as inflation threatens to place a strain on consumer budgets.

Information provided by Freddie Mac.

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Direct: 612-924-4354 | Cell: 612-669-0596
Lance@theberwaldgroup.com


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