U.S. Mortgage Rates Rise With 30-Year at a Two-Month High
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U.S. mortgage rates for 30-year loans rose to a two-month high, increasing borrowing costs for homebuyers as the market’s recovery showed signs of weakening.
The average rate for a 30-year fixed mortgage was 4.4 percent this week, up from 4.32 percent, Freddie Mac said today in a statement. The average 15-year rate climbed to 3.42 percent from 3.32 percent, according to the McLean, Virginia-based mortgage-finance company.