Mortgage Monday: Mortgage rates hit highest point in two years

Mortgage rates hit highest point in two years.

According to Freddie Mac, the 30-year mortgage rate hit a two year high in June, jumping 0.22 percentage points to 4.51 percent while the average rate for a 15-year mortgage rose 0.14 percentage points to 3.53 percent as mortgage rates in general continue to increase.

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