IllustrativeUS Mortgage Rates Rise for Fifth Week, Sending 30-Year to 6.46%
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Mortgage rates in the US have risen for the fifth consecutive week, with the 30-year rate reaching 6.46%. The increase is reportedly linked to ongoing conflict, possibly related to a war involving Iran, which is affecting markets. The current rate is the highest in nearly seven months, although the exact impact on homebuyers is unclear.
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