A for sale sign is posted outside a single-family home in Philadelphia, Friday, Dec. 1, 2023.AP
The average long-term U.S. mortgage rate rose modestly this week, holding below 7% as it has for much of this year.
The average rate on a 30-year mortgage rose to 6.82% from 6.79% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.28%.
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