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Mortgage rates increase from 2014 low, Freddie Mac says
Mortgage rates increase from 2014 low, Freddie Mac says

Mortgage rates rose this week from their lowest point in 2014, but lenders still offered a 30-year fixed loan below 4%, according to Freddie Mac’s weekly survey. The average rate on a 15-year fixed mortgage jumped to 3.13% from 3.08% last week.  Interest rates on a 30-year loan climbed to 3.98% from 3.92%, Freddie Mac said Thursday. Rates had been falling for weeks as investors -- concerned over the global economy -- rushed into U.S. Treasury bonds, which put downward pressure on mortgage rates. Although there was an uptick this week, rates remain low. A year ago, lenders offered a 30-year fixed loan at an average of 4.1% and a 15-year loan at 3.20%, Freddie Mac said. ...

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