Mortgage rates hit 23-year high: Freddie Mac

Mortgage rates hit 23-year high: Freddie Mac

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The average interest rate for a 30-year fixed-rate mortgage rose to 7.31% this week, signaling a high not seen since the year 2000, according to the latest data by Freddie Mac. That’s an increase from last week’s average of 7.19%. Additionally, the average rate for a 15-year fixed rate mortgage…

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