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Average long-term US mortgage rates bounce back up to 5.51% (access required)

By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates were back up this week, just as the latest government data shows inflation has not slowed, meaning the Federal Reserve is almost certain to raise its benchmark borrowing rate later this month. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to ...

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