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BH Property Management employees overstated the value of multifamily housing properties in Hartford.
Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to loom.
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.
