Mortgage rates jump to nearly 4%
CNN
Mortgage rates increased again, rising to a level not seen since summer 2019.
The 30-year fixed-rate mortgage averaged 3.92% in the week ending February 17, up from 3.69% the week before, according to Freddie Mac. It has not been this high since May 2019 when it was at 3.99%.
Mortgage rates jumped again because of high inflation and stronger than expected consumer spending, said Sam Khater, Freddie Mac's chief economist.
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A bankruptcy judge has blocked The Onion’s winning bid for Alex Jones’ Infowars conspiracy platform, citing concerns with the auction process which he says left money on the table.
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