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Why are mortgage rates increasing?

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Why are mortgage rates increasing?

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Learn how the secondary mortgage market and investor demand affect the cost of home ownership. More…

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In the mortgage market, mortgage originators rarely hold onto the portfolio of mortgages they help transact. Most mortgages are sold into the secondary mortgage market shortly after origination. A major reason for this is that they simply want to take the fees generated and keep the debts off their books.

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