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US Mortgage Rates Hit Highest Level Since 2023
The contract rate on a 30-year fixed mortgage rose 19 basis points to 7.49% in the week ended Oct. 2, its highest point since November 2023. This could pose a problem for Republicans heading into the midterm elections. Bloomberg Surveillance anchors discuss the news. (Source: Bloomberg)
Framing
- mortgage rates hit
- midterm elections bloomberg
- contract rate
- hit highest level
- week ended oct
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- aprobación 95%
- optimismo 67%