Average U.S. mortgage rate soars to 6.7%, highest since 2007

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Average U.S. mortgage rate soars to 6.7%, highest since 2007 – CBS News

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According to Freddie Mac, the average 30-year mortgage rate in the U.S. has risen to 6.7%, the highest since 2007. Jessica Lautz, vice president of demographics and behavioral insights at the National Association of Realtors, joined CBS News to provide some advice for new homebuyers.

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