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Latest Financial Cost Try Closing when you look at the towards eight%

Latest Financial Cost Try Closing when you look at the towards eight%

The brand new 29-12 months repaired price home loan is actually averaging six.92%, right up a hefty 0.twenty-six payment factors on week end October 13, centered on Freddie Mac’s weekly survey. The final big date this new 29-year rate is actually that it high was a student in .

Versus exact same day this past year, home loan pricing are practically cuatro percentage points highest.

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