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The Economic Times
The Economic Times
National

Mortgage rates today: 30-year fixed rate hits a three-week high as homebuyer demand weakens

Mortgage rates edged higher last week, pushing borrowing costs to their highest level in three weeks and adding fresh pressure to an already sluggish U.S. housing market.

The increase was small, but it was enough to cool demand for both home purchases and refinancing, according to the latest data cited by CNBC.

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