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Mortgage rates climb to 7.31%, highest since 2000

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The average for a 30-year, fixed loan rose for a third week, reaching 7.31%, up from 7.19% last week, Freddie Mac said in a statement Thursday. (Chart by St. Louis Fed)

Rate rise as the economy stayed strong and inflation pressures persisted.


Originally published at Staff and news service reports, Los Angeles Daily News
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