Average long-term US mortgage rate ticks up for second straight week, to 6.34%

Average long-term US mortgage rate ticks up for second straight week, to 6.34%

The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%. Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expec...

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