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5.5
US Mortgage Rates Reach One-Year High Amid Inflationary Pressures
Walter Bloomberg·US·1 day ago
The average 30-year fixed mortgage rate increased by 7 basis points to 6.65% for the week ending July 10, according to Mortgage Bankers Association data. This uptick reflects ongoing volatility in mortgage lending costs, which continue to pressure housing market affordability and transaction volumes.
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