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8% mortgage rates are back on the table as 30-year fixed rises

MarketWatch links the jump in mortgage rates to a sharp rise in the 10-year Treasury and uncertainty about the U.S. economic outlook.

Reported · Written up by our desk · Mortgages

Mortgage rates at 8% are again being discussed as the 30-year fixed rate rises, according to MarketWatch.

The outlet points to a sharp move higher in the 10-year Treasury and a less clear outlook for the U.S. economy as key reasons some observers believe 8% mortgage rates are possible.

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