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January 10, 2025

Mortgage rates up 4th week in a row

By JOURNAL STAFF

NEW YORK (AP) — The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.

The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac. It was at 6.66% a year ago. It has risen for four straight weeks.


 
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