U.S. Mortgage Rates Rise to Highest Since September
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U.S. mortgage rates rose to the highest since September, increasing borrowing costs for homebuyers as prices climbed across the country.
The average rate for a 30-year fixed mortgage was 4.53 percent this week, up from 4.48 percent, according to a statement today from Freddie Mac. The average 15-year rate climbed to 3.55 percent from 3.52 percent, the McLean, Virginia-based mortgage-finance company said.