Mortgage rates ticked slightly higher this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.3%, up from 6.23% last week. The average rate on a 30-year loan was 6.76% at this time last year.HOUSING MARKET GAINING MOMENTUM AS SPRING SEASON BEGINS"As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20% above a year ago," said Sam Khater, Freddie Mac's chief economist. "It is clear th...
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