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Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising


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Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising

The average rate on a 30-year mortgage in the U.S. rose for the third straight week to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to price home loans.

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