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flag U.S. 30-year mortgage rate stabilizes at 6.76%, complicating spring homebuying for many.

flag The average rate on a 30-year US mortgage held steady at 6.76%, near its highest this year but below last year's 7.09%. flag The 15-year fixed-rate mortgage rate fell slightly to 5.89%. flag Factors affecting mortgage rates include global demand for US Treasuries, the Federal Reserve's interest rate policies, and economic inflation expectations. flag High rates and rising home prices continue to challenge potential buyers, slowing the spring homebuying season. flag Economists predict rates will stay volatile but likely above 6.5% this year.

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