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The average long-term US mortgage rate surges to 7.49%, its highest level since December 2000

by ALEX VEIGA AP Business Writer
| October 8, 2023 12:00 AM

LOS ANGELES (AP) — The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers...

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