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Mortgage rates continue their upward climb, prospective buying activity down

Mortgage rates edged closer to 7% this week.  (iStock) Mortgage rates continued to climb this week, with the 30-year fixed-rate mortgage hitting 6.94%, according to Freddie Mac. That’s up from last week when it averaged 6.90%. The average rate for a 15-year mortgage was 6.26%, down from 6.29% last week. […]

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