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Typical Mortgage Payments Soar $337 In Just 6 Weeks

View Source | October 2, 2022 5:49 am

  • The average homeowner’s monthly mortgage payment was up 15 percent over the last six weeks, according to a new report
  • The volatility of mortgage rates has led to potential buyers abandoning their plans to buy homes
  • While the seven percent rise in mortgage rates is the highest since just prior to the Great Recession 
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