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Showing results for mortgage rate. Search instead for mortgage quantity.

mortgage rate

British  

noun

  1. the level of interest charged by building societies and banks on house-purchase loans

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Some economists now predict that a U.S. mortgage rate of nearly 7% looms.

From The Wall Street Journal Jul. 24, 2026

That’s the highest level for the 30-year mortgage rate since mid-July of 2025.

From MarketWatch Jul. 23, 2026

The average 30-year fixed mortgage rate rose to 6.58%, its highest level this year, amid rising Middle East tensions and higher oil prices.

From The Wall Street Journal Jul. 23, 2026

The rule of thumb for refinancing is generally that the new mortgage rate should be at least 75 basis points lower.

From MarketWatch Jul. 22, 2026

The median price of an existing US home reached a record $440,600 in June, while the average 30-year mortgage rate stood at 6.49 percent.

From Barron's Jul. 10, 2026

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