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30-year fixed mortgage rate tops 7% for the first time in over a year
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30-year fixed mortgage rate tops 7% for the first time in over a year
Yahoo Finance
Average US mortgage rates moved to 7.07%, crossing the 7% threshold for the first time in over a year. With 10-year Treasury yields climbing past 4.9%, sustained pressure from inflation data and energy costs continues to weigh on the housing market. https://yhoo.it/46OyDRh