Why Did Mortgage Rates Go Up?

In this week's episode of Monday Market Update, Sean Grapevine, VP of Product Strategy, and Matt Gougé, Loan Officer, break down the latest trends in mortgage interest rates and explain why rates are going up. 🏡💰 We’ll explore the key factors driving this increase, including economic shifts, inflation, and actions by the Federal Reserve. If you're wondering how these developments will impact your ability to buy a home, secure financing, or refinance, this episode will give you clear insights into what’s happening and why it's important to stay informed in today’s fast-moving market.

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UMortgage is a purpose-driven mortgage company dedicated to redefining standards in the mortgage industry. We primarily focus on powering our Loan Originators with the tools and support they need to take their business to new levels. Through innovative technology and centralized Loan Originator support, our goal is to modernize, streamline, and create value-driven relationships that will trailblaze a new path in the industry.

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