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Average rate on a 30-year mortgage climbs to highest level in 13 months

The average rate on a 30-year mortgage rises to 6.71%, the highest in over a year, according to Freddie Mac. This increase can significantly impact homebuyers’ budgets and is causing many to delay purchasing homes, contributing to a slowdow...

AP News· Sep 3, 2026 · 6:17 PM · 40 views

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The average rate on a 30-year mortgage rises to 6.71%, the highest in over a year, according to Freddie Mac. This increase can significantly impact homebuyers’ budgets and is causing many to delay purchasing homes, contributing to a slowdown in sales. Full story and more reels: https://newsreel.video #news #mortgagerates #housingmarket #economy #breakingnews

Originally reported by AP News. Read the full story →

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