Mortgage Rates Rise for Fifth Week With 30-Year at 3.91%
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U.S. mortgage rates rose for a fifth week, sending borrowing costs for a 30-year loan to the highest level in 14 months.
The average rate for a 30-year fixed mortgage jumped to 3.91 percent in the week ended today, from 3.81 percent, McLean, Virginia-based Freddie Mac said in a statement. The average 15-year rate rose to 3.03 percent from 2.98 percent.