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Freddie Mac 30 year mortgage rate for the current week rises to 6.34% from 6.30% last week
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Freddie Mac is reporting that the 30 year fixed-rate mortgage rose to 6.34% from 6.30% last week.
US 10-year yield has moved off of low levels reached on September 17 at 5.992%.
It is currently trading at 4.101%, by reached as high as 4.187% off of the cycle low.
Mortgage rates tend to follow the 10-year yield as a proxy.