Mortgage rates unchanged this week, weighing on home sales

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Mortgage rates are unchanged this week, Freddie Mac reported, the 30-year fixed-rate mortgage sitting at 6.35%. The 30-year rate has fallen by 0.77% from this time last year.

Yahoo Finance housing reporter Dani Romero details the latest mortgage print and how the figure is still a deterrent for prospective homebuyers.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Luke Carberry Mogan.

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