Mortgage rates will continue to rise, haunting home buyers

Projecting the trend for loan rates this month isn’t especially tricky

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While we don’t face the threat of any other Federal Reserve assembly till November,

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the central bankers’ 75-basis-factor rate growth in overdue September,

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coupled with their brand new round of predictions for interest rates

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ought to be extra than sufficient to spook mortgage creditors

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What’s much less clear is whether or not lenders will front-load the expected will increase

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via way of means of unexpectedly ramping up rates in October or if we’ll see an extra slow ascent.

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30-year fixed-rate mortgages surpassing and then staying above 6%.

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