This has been a rough week on numerous levels, and mortgage rates are no exception. The average rates starting with a five that we saw in February — somehow only four weeks ago — now feel like a fever dream.
The average rate on a 30-year fixed-rate mortgage rose to 6.34% APR in the week ending Mar. 26, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.
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