From Freddie Mac (5/5/2022):

“Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009. While housing affordability and inflationary pressures pose challenges for potential buyers, house price growth will continue but is expected to decelerate in the coming months.”

Download the full report here:

Freddie Mac Weekly Mortgage Rate Survey for May 5, 2022

ARIZONA HOMEOWNERS:
APPRAISAL CREDIT UP TO $600
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Why wait for worsening rates or economic conditions?
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What can you do with your Home Equity?

Pay off Student Loans
Consolidate Debt
Home Improvements
Lower Your Rate And/Or Term
Eliminate Mortgage Insurance
Free Up Money To Invest
Buy Another Home

Your loan may qualify for an Appraisal Waiver
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Source: Freddie Mac, 5/05/22
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