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Get Pre-Approved Before You Start Looking

The feds did it again. This past week, the US federal funds rate was raised another 25 basis points, up a total of 4.75% since the start of 2022. The average for a 30-year fixed-rate mortgage doubled from lows in early January 2022 to almost 6.4% at year’s end, according to Freddie Mac. When the…

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