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U.S. Mortgage Rate Jumps to Highest Level Since 2002

The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.

Gregory Schmidt
Author: Gregory Schmidt

Written by

Gregory Schmidt

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Federal Home Loan Mortgage Corp (Freddie Mac), Government Bonds, Inflation (Economics), Interest Rates, Mortgages, Real Estate and Housing (Residential), United States Economy
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