Average long-term mortgage rate jumps for a second week

Average long-term mortgage rate jumps for a second week

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The average long-term U.S. mortgage rate jumped this week to its highest level in five weeks, bad news for home shoppers heading into the spring buying season. Mortgage buyer Freddie Mac reported today that the average on the benchmark 30-year rate rose to 6.32% from 6.12% last week. The average…

#freddiemac #federalreserve #jeromepowell #treasury

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