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Mortgage rates rise for seventh straight week, squeezing homebuyers

Source: foxbusiness.com

Interest Rates & YieldsHousing & Real EstateEconomic Data
Mortgage rates rise for seventh straight week, squeezing homebuyers

The average 30-year fixed mortgage rate rose to 7.4% this week, up from 7.28% last week, according to Freddie Mac data released Thursday. The increase may add to borrowing costs for homebuyers.

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