During the pandemic, mortgage rates fell to all-time lows. In the last year they have risen dramatically.
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During the pandemic, mortgage rates fell to all-time lows. In the last year they have risen dramatically. See the following graphic to get an idea of what the 30-year fixed rate has looked like over time.
https://fred.stlouisfed.org/series/MORTGAGE30US
Research and discuss how the pandemic and mortgage rates have impacted the housing market over the last few years.
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