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Mortgage rates edge higher; 30-year at 3.68%, Freddie Mac says
Mortgage rates edge higher; 30-year at 3.68%, Freddie Mac says

Mortgage rates rose slightly this week on mixed economic news, with Freddie Mac's weekly survey of lenders showing the average rate for a conventional 30-year fixed loan at 3.68%, up from 3.65% last week. Lenders were offering 15-year fixed home loans at an average of 2.94%, up from 2.92% a week earlier, according to the Freddie Mac survey, published Thursday. The start rates for variable mortgages also ticked higher. It was the sixth week in a row that the widely watched survey showed rates at or below 3.7%, a remarkably low level by historical standards. A year ago at this time, the 30-year rate averaged 4.29%; 20 years ago it was about 8% and 30 years ago about 13%. The rates...

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