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Four Mortgage Rate Predictions for 2022 Suggest Higher Borrowing Costs

Key highlights from this report: New mortgage rate predictions for 2022 predict higher borrowing costs ahead. Freddie Mac, the MBA, and two economists predicted a gradual increase. Some forecasts suggest 30-year loan rates could rise above 4% in 2022. They’re currently hovering around 2.8%, according to Freddie Mac’s survey. An increase in borrowing costs could […]

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