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Economic Report: Mortgage rates tick higher as difficult questions face veterans

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A house proudly displays its American flag outside. Happy Fourth!

Rates for home loans edged up as financial markets stabilized on hope about global trade, but held near long-time lows.

The 30-year fixed-rate mortgage averaged 3.75% in the holiday-shortened July 3 week, Freddie Mac said Wednesday. That was up two basis points. Halfway through the year, the benchmark product has only managed eight weekly increases.

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