Average long-term mortgage rate climbs to highest level since November

Average long-term mortgage rate climbs to highest level since November

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The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes. The average rate on the benchmark 30-year home loan rose to 6.81% from 6.71% last week,…

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