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Mortgage rates top 7% as inflation fight resumes



U.S. mortgage rates rose this week, after the Federal Reserve reengaged in its war on inflation. The average rate on 30-year mortgages climbed to 7.09% this week, up from 6.98% last week, according to Bankrate’s weekly national survey of large lenders. After taking a break from inflation fighting last month, the Fed resumed rate increases […]

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