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30-year-fixed mortgages surge over 6%, the most important one week bounce in 35 years


30-year-fixed mortgages surge over 6%, the most important one week bounce in 35 years – CBS Information


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Mortgage prices have surged over six percent, up nearly a whole percentage point from a month ago and the biggest one week jump in 35 years, making it harder to afford a mortgage. CBS News correspondent Kris Van Cleave has more on what this means for the housing market.

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