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Mortgage rates rise, inching closer to 5%

Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week ending April 7, up from 4.67% the week before, according to Freddie Mac. That’s the highest since December 2018. Rates have jumped this year at a pace not seen in decades.“Mortgage rates have increased 1.5% points […]

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