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Interest payments for the U.S. benchmark 30-year-fixed rate mortgage saw the largest one-week upward movement in 35 years, hitting 5.78 percent as of Thursday.
The rate jumped more than half a percentage point in the last week and is nearly do...
WASHINGTON (AP) — Federal Reserve officials are signaling that they will take an aggressive approach to fighting high inflation in the coming months — actions that will make borrowing sharply more expensive for consumers and businesses and heighten risk...