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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 30-year mortgage rate went up 18 basis points over the last two days, per MND’s data.

From MarketWatch Sep. 10, 2026

On Wednesday, the 30-year mortgage rate averaged 6.97%, according to Mortgage News Daily.

From MarketWatch Sep. 10, 2026

Elevated Treasury yields have driven the average 30-year fixed mortgage rate to 6.71%, the highest in more than a year, according to the latest survey from Freddie Mac.

From The Wall Street Journal Sep. 3, 2026

How they financed it: Down payment of 12%, 30-year mortgage, rate was 6.8%

From MarketWatch Sep. 1, 2026

The median U.S. home-sale price rose 1.9% year over year to over $400,000, and the weekly average mortgage rate is 6.65%, down from a peak of 6.69% two weeks earlier.

From The Wall Street Journal Aug. 28, 2026

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