Newsfeed: U.S. mortgage interest rates jump to highest level since 2008

Newsfeed: U.S. mortgage interest rates jump to highest level since 2008

The average interest rate on the most popular U.S. home loan climbed to its highest level since the 2008 financial crisis and purchase applications were down more than 15% from last year, Mortgage Bankers Association (MBA) data showed on Wednesday.

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