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Freddie Mac's weekly report found that the 30-year fixed-rate mortgage averaged 5.7%, down from last week's 5.8%.
Coding issues affected about 12% of potential borrowers.
Largest One-Week Increase in Mortgage Rates Since 1987
It's the first jump in rates in three weeks.
Publishes separate 3-year equitable housing plans for Fannie Mae & Freddie Mac focusing on inclusion.
The report for 2021 highlights progress in supporting greater access to financing for targeted economic development and affordable, sustainable, and equitable housing.
