Mortgages climb for 4th consecutive week, driving the average long-term US home loan rate to just below 7%
Average long-term U.S. mortgage rates rose for the fourth straight week, reaching nearly 7%. This increase continues to impact borrowing costs for prospective homebuyers across the country.
MCLEAN, Va. (AP) — Mortgages climb for 4th consecutive week, driving the average long-term US home loan rate to just below 7%.
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