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Economy

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A residential "For Sale" sign standing on a front lawn with a suburban home blurred in the background.
FREDDIE MAC4d ago

Mortgage rate climbs to highest level in nearly a year

The average 30-year fixed mortgage rate reached 6.55% this week, marking the highest level seen in nearly a year. This increase from last week's 6.49% rate creates immediate pressure on potential homebuyers, adding hundr…

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