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8m
Mortgage rates start 2025 near 7%, hitting highest level since July
Demand for mortgages in the final week of 2024 fell sharply, a combination of holiday market slowness and rates near 7%, according to the Mortgage Bankers Association.
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Average rate on 30-year U.S. mortgages hits highest mark since July
Interest rates have been climbing since the Federal Reserve signaled last month that it expects to cut its benchmark rate ...
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