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Benchmark mortgage rate tops 7 percent, highest in 2 years

The average 30-year mortgage rate has surpassed 7 percent, marking the first time it has done so since January 2025. The benchmark 30-year fixed mortgage rate is 7.03 percent this week, up from 6.95 percent last week, according to data from Freddie Mac. It marks the fifth-consecutive weekly rise in mortgage rates, and the first…

Lawmakers seek bipartisan path on paid leave, newborn tax credits

Republicans and Democrats argued Thursday that Congress still has work to do to support American families, pointing to expanded paid family leave access, tax credits for newborn children and other policies aimed at easing financial pressures on parents. The discussion, labeled the “Future of Supporting American Families,” was sponsored by the American Policy Ventures Foundation…

Sunday, October 18, 2026

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