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Wednesday, Jun 7, 2023

30-Year Mortgage Hits High

Rates on 30-year mortgages hit their highest level in 10 months this week, according to data released by Freddie Mac. The fixed rate on a 30-year mortgage averaged 6.53 this week, up from 6.42 last week and the highest level since rates hit 6.55 on Aug. 10. Analysts attributed the increase to overall economic and job growth.

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