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Mortgage Rates Hit Near 3-Year High After 7th Weekly Rise

Mortgage rates have risen for seven consecutive weeks, marking the longest stretch of increases in the recent period; higher rates mean bigger monthly payments for borrowers.

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  • AP NewsAverage long-term US mortgage rate at highest level in nearly 3 years after 7th weekly rise in a row
“Thank you, Lola. Stay safe, guard the cookie. Seven weeks of rises and I still say the sock drawer is winning.”
Vera Bullock, BBN
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