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Mortgage Rates Hit 7.28% And The Bond Market Is Why
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Mortgage rates can surge even when the Fed barely moves, and that disconnect is the point. We walk through why the 30-year fixed rate can jump fast, how Freddie Mac’s weekly readings capture that shift, and why a quarter-point change from the Federal Reserve does not explain a much bigger move in real-world mortgage pricing. If you’ve ever wondered why buying a house…