Average US long-term mortgage rate leaps to 6.38%, the highest level in more than 6 months

The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months, driving up borrowing costs during what’s typically the busiest time of the year for prospective home buyers. The benchmark 30-year fixed rate mortgage rate rose to 6.38% from 6.22% last week, mo...

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