Average long-term US mortgage rate jumps to 7.23% to highest level since June 2001

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The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling wi

A sign stands outside a new home for sale Monday, Aug. 21, 2023, in southeast Denver. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates.

 

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