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Mortgage Rates Tick Up

Martineau - Duevel

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Mortgage Rates Tick Up

by

November 21, 2024
Mortgage rates ticked back up this week, continuing to approach 7 percent. Heading into the holidays, purchase demand remains in the doldrums. While for-sale inventory is increasing modestly, the elevated interest rate environment has caused new construction to soften.

Information provided by Freddie Mac.

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