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Mortgage Rates Drift at Highest Levels Since Pandemic

U.S. long-term mortgage rates have held basically steady, remaining at their highest levels since the pandemic hit in early 2020. So reports MarketWatch.

Freddie Mac 150x150According to Freddie Mac, the 30-year fixed-rate mortgage averaged 3.55% in the week ending January 27, down only one basis point from the previous week.

At the same time in 2021, the benchmark rate stood at 2.73%.

Read the full article from MarketWatch.

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