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BUSINESSWFLA News·23h ago

Benchmark mortgage rate tops 7 percent, highest in 2 years

Photo · WFLA News
AI TLDR · GEMINI

The average 30-year fixed mortgage rate has risen to 7.03 percent, marking the first time it has exceeded 7 percent since January 2025. This is the fifth consecutive week of rate increases.

The average 30-year mortgage rate has surpassed 7 percent, marking the first time it has done so since January 2025.

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