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flag U.S. average long-term mortgage rate rises to 6.26%, marking third straight increase due to inflation and Fed policy.

flag The average U.S. long-term mortgage rate climbed to 6.26% this week, marking the third consecutive increase, according to data from Freddie Mac. flag This rise reflects ongoing volatility in the housing market amid persistent inflation and Federal Reserve monetary policy decisions. flag Higher borrowing costs continue to impact home affordability for potential buyers.

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