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Published 2 years ago

US key 30-year mortgage rate jumps back over 5%, now 5.22% - Local News 8

Summary by Ground News
Mortgage buyer Freddie Mac reports that the 30-year rate rose to 5.22% from 4.99% last week. Experts see some stability returning to the housing market as the drop in homebuyer demand moderates. Consumer prices jumped 8.5% in July compared with a year earlier, down from a 9.1% year-over-year increase in June.

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