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Mortgage rates climb seventh week
Mortgage rates have increased for the seventh consecutive week, with the average 30-year fixed mortgage rising to 7.4%, driven by higher Treasury yields and inflation expectations. The 15-year fixed mortgage rate also increased to 6.73%. These rises are linked to broader bond market selloffs and growing fiscal deficits.
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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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