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The 30-year fixed rate averaged 2.79% in the week ending January 14, up 14 basis points from the previous week.
Home loans were at record lows the previous week and the 30-year stood at 3.65% a year ago.
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The Rise of Digital Mortgages in Lending: How Tech Innovations are Reshaping the Market Explore the rise of digital mortgages and how technology innovations are transforming the lending market. Learn about AI, blockchain, and digital platforms reshaping the mortgage industry.
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Mortgage Rates Rise, Signaling Potential End to Historic Lows
The long stretch of historically low mortgage rates could be ending as signaled by last week’s rate rise. So reports the Associated Press.
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