Pursuits
U.S. Mortgage Rates Rise From a 20-Month Low
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Mortgage rates in the U.S. jumped from a 20-month low as the job market gained momentum.
The average rate for a 30-year fixed mortgage was 3.69 percent, up from from 3.59 percent last week and the highest since early January, Freddie Mac said in a statement Thursday. The average 15-year rate climbed to 2.99 percent from 2.92 percent, the McLean, Virginia-based mortgage-finance company said.