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January 3, 2025

Average rate on a 30-year mortgage hits 6.91%

By PAUL WISEMAN
AP Economics Writer

WASHINGTON — U.S. mortgage rates rose this week to the highest level since July.

The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. It was at 6.62% a year ago.


 
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