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Mortgage Rates Leap Toward 4.0% AfterJobs Report Shocker!

Published 6 months ago

Rates have been trending higher in fits and startssince August 2020, but themortgage

market wasinsulated from much of the pain due to its disconnect from Treasuriesin 2020

(they typically correlate very well). In fact, mortgage rates were falling throughout the 2nd

half of 2020 while 10yr yields were steadily rising.

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