Mortgage Rates Rise for Fifth Week in a Row, Hitting 6.29%

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Mortgage rates roseate for the 5th consecutive week, reaching yet again the highest level since the fiscal crisis.

The mean complaint connected a 30-year fixed owe climbed to 6.29%, according to a survey of lenders released Thursday by Freddie Mac . It was the 2nd week successful a enactment that rates topped 6%. The past clip rates were this precocious was October 2008, erstwhile the U.S. was heavy successful recession.

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