Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

CHICAGO (AP) — The average long-term U.S. mortgage rate rose for a fifth consecutive week to its highest level in just over a year, marking the latest strain for prospective homebuyers who are facing steep borrowing costs. The benchmark 30-year fixed rate mortgage rate rose to 6.69%, mortgage buyer...

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