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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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The 10-year Treasury yield, a barometer for mortgage rate movements, increased roughly 0.11 percentage point between Thursday, May 14 and Wednesday, May 20—roughly the period reflected in Freddie Mac’s weekly average.

From Barron's • May 21, 2026

A buyer with a $2,500 monthly budget and a 20% down payment can afford to buy a roughly $400,000 home at a 6% mortgage rate, according to real-estate brokerage Redfin.

From The Wall Street Journal • May 21, 2026

Mortgage News Daily on Monday pegged the 30-year fixed mortgage rate at 6.68%, well off 2026’s roughly 6% lows in January and February.

From Barron's • May 19, 2026

He locked in a 6.125% mortgage rate and completed the purchase in April.

From The Wall Street Journal • May 11, 2026

In March, the volume of mortgage rate locks rose 13% month over month and 26% year over year, according to Optimal Blue, a mortgage technology and data company.

From MarketWatch • May 7, 2026

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