Consumers ‘Proceed Cautiously’ on Home Sales as Rates Linger in Low 6’s

Mortgage rates bumped back up this week but overall remain in the low 6% range, contributing to a subdued but steady spring market, according to economists.  The average mortgage rate ticked increased 7 basis points to 6.30%, up from 6.23% last week, and back to the same point from two weeks ago, according to the…

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