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Mortgage Rates Rise Amid Weaker-than-Expected Housing Data

The latest homebuilding data from the U.S. Census Bureau and the Department of Housing and Urban Development posted a weaker-than-expected rebound as housing starts rose 0.9% to a seasonally-adjusted annual rate of 1.168 million units in July. The 30-year mortgage rate ticked higher to 4.792 as of...
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