The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from 6.

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Those who are in the market to buy a home might not want to see this: Mortgage rates are up again. This week, rates climbed ...

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Freddie Mac says the average rate on a 30-year mortgage rose to 6.83% this week, its highest level in eight weeks.

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Mortgage rates have swung higher, and that's reducing application activity. The average 30-year loan stood at 6.83%, according to Freddie Mac.