U.S. Long-Term Mortgage Rates Increase For 6th Straight Week

U.S. Long-Term Mortgage Rates Increase For 6th Straight Week

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Watch VideoAverage long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession.

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week....

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