Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate rose 12 basis points from last week, when it was 7.28 percent, according to the government-sponsored company. This rate has risen for seven consecutive weeks…
Mortgage rates hit 7.4 percent for first time since November 2023
Originally reported by The Hill. Read the full story at the original source.
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