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Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
Mortgage rates see fourth straight increase. What does this mean?
The benchmark 30-year fixed rate loan rate rose to 6.93 percent from 6.91 percent last week, according to mortgage giant Freddie Mac. It was at 6.66 percent a year ago and 3.64 percent five years ago.
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
30-Year Mortgage Rates Now Highest Since July: Freddie Mac
The 30-year mortgage rate climbed to 6.93% as of Thursday, Freddie Mac said, the highest its been since July. AFP The 30-year-mortage rate continues to climb as it hit its highest level since July on Thursday.
Mortgage rates climb for 4th straight week — to the highest level in 6 months
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac.
HousingWire
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Los Angeles wildfire costs double to $20 billion overnight for insurers
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Freddie Mac promotes interim finance chief to CFO
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Freddie Mac names Craig Phillips EVP of strategy and external affairs
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Freddie Mac Multifamily’s 2025 Outlook Forecasts Increased Originations, Modest Growth in Year Ahead
Freddie Mac’s (OTCQB: FMCC) newly released Outlook forecasts multifamily originations to rise in 2025, while predicting ...
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mortgage rates
Donald Trump
Fannie Mae
United States Department of the Treasury
Bill Ackman
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