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Feb. 5, 2024: Mortgage rates jump back over 7% as stronger economic data rolls in.

  • Andrew Belcher
  • Feb 20, 2024
  • 1 min read

Updated: Mar 1, 2024

January’s stronger than expected jobs report plus a stronger than expected manufacturing report the following Monday helped spur interest rates back above 7% according to Mortgage News Daily, further evidencing that the hopes for a March rate cut are probably off the table.


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