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Mortgage Rates Rise Again After Recording Sharp Drop
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Mortgage rates increased for the first time in three weeks.
The average rate on a 30-year fixed-rate mortgage rose to 5.51%, mortgage-finance giant Freddie Mac said Thursday. That is up from 5.30% last week, when rates recorded the largest weekly decline since December 2008, but below the 13-year high of 5.81% recorded in June. A year ago, the 30-year mortgage averaged 2.88%.
Read more on wsj.comAbout this in other media
After Fed Raises Interest Rates Wednesday, Investors to Look for Clues About What’s Next wsj.com /2 years ago
‘It’s been tough’: UK mortgage brokers chase deals as interest rates soar theguardian.com /2 years ago
Rising interest rates will hit already weak UK economy, output shows theguardian.com /2 years ago
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