With fewer buyers for mortgage bonds, the rates on home loans can go unusually high.
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Treasury yields are jumping higher, but even that doesn’t explain how high mortgage rates are getting. Home buyers might wonder whether typical mortgage rates could soon hit 8%.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
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