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Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years
Mortgage rate predictions for the next five years heavily rely on what the 10-year Treasury yield does. Learn about the rate projections through 2030.
The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.