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The Independent UK

National

Alex Veiga

Average long-term mortgage rates rise again, reaching their highest level in 4 weeks

Copyright 2023 The Associated Press. All rights reserved.

The average long-term U.S. mortgage rate rose for the second time in as many weeks, climbing to its highest level in four weeks.

The average rate on a 30-year mortgage rose to 6.66% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%.

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