Mortgage rates tick higher: 30-year, fixed home loan is at 6.90%; 15-year at 6.25%

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EYE ON YOUR MONEY: 🏡 The average long-term U.S. mortgage rate rose again this week, bad news for Americans seeking to upgrade or buy their first home.

FILE - New homes line a street. The King County assessor said property values in the county are “down substantially” in 2023 after reaching all-time highs in the second quarter of 2022.

 

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