Average long-term US mortgage rate jumps to 6.5% (access required)

By: The Associated Press February 24, 2023 Comments Off

The average long-term U.S. mortgage rate jumped last week to its highest level since November, more grim news for a housing market that's been in decline for a year. Mortgage buyer Freddie Mac reported that the average on the benchmark 30-year rate rose to 6.5% from 6.32% last week. The average rate a year ago was ...

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Average long-term US mortgage rate jumps to 6.5%

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