Mortgage demand reached its lowest level in about 30 years, as high borrowing costs kept potential buyers away.
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U.S. Economy Adds 336K Jobs in September
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The Average Long-Term U.S. Mortgage Rate Surges to 7.49%, Its Highest Level Since December 2000
The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers.
