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Glenn Solberg
Glenn Solberg (612) 723-7000 RE/MAX RESULTS REALTORS®
Super Agent 17 Years

Mortgage Rates Drop Below Five Percent

August 4th, 2022 by

August 4, 2022
Mortgage rates remained volatile due to the tug of war between inflationary pressures and a clear slowdown in economic growth. The high uncertainty surrounding inflation and other factors will likely cause rates to remain variable, especially as the Federal Reserve attempts to navigate the current economic environment.

Information provided by Freddie Mac.

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