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Today’s mortgage and refinance rates: April 5, 2022 | Rates remain at 3-year high

According to Freddie Mac, the average 30-year fixed mortgage rate hit 4.67% last week — a high not seen since 2018.

Rates are expected to continue to increase this year. This is partly due to inflation and the Federal Reserve winding down pandemic-era policies that kept mortgage rates at record lows. READ MORE

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