US sees the highest long-term mortgage rate in almost 23 years
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ViewHome loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly unaffordable housing market.
The average rate on the benchmark 30-year home loan rose to 7.31%, from 7.19% last week,...