Mortgage Rates in the U.S. Top 4% for First Time Since 2019
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(Bloomberg) -- Mortgage rates in the U.S. soared, surpassing 4% for the first time in almost three years.
The average for a 30-year loan was 4.16%, up from 3.85% last week and the highest since April 2019, Freddie Mac said in a statement Thursday. Rates haven’t been above 4% since May of that same year.
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