Mortgage rates rise again after Fed says it will take ‘forceful’ steps to curb inflation
By Anna Bahney, CNN Business Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking “forceful and rapid” steps to reduce inflation and slow the economy. The 30-year fixed-rate mortgage averaged 5.66% in the week ending September 1, up from 5.55% the week before,
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