Consumer finance

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Mortgage rates rise again as high borrowing costs cool housing demand

Average U.S. mortgage rates moved higher for a second straight week, adding to pressure on would-be homebuyers already facing elevated borrowing costs. Freddie Mac said the average rate on a 30-year…

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U.S. 30-Year Mortgage Rate Slips to 6.74% as Housing Cools

The average interest rate on a 30-year fixed mortgage fell to 6.74% this week, according to Freddie Mac, easing slightly from 6.81% the previous week. The move points to a modest decline in borrowing…

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