Breitbart
Mortgage rates climbed for the fourth straight week as a resilient U.S. economy continues to influence financial markets, according to data released Thursday by Freddie Mac.
The average rate on a 30-year fixed mortgage hit 6.54 percent this week, the highest level since early August.
The latest figure marks a 10-basis-point increase from the previous week. In comparison, the rate on a 30-year mortgage stood at 7.79 percent a year ago, offering some relief to borrowers even as costs remain elevated.
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