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Freddie Mac: Mortgage rates tick higher; 30-year fixed averages 4.15%
Freddie Mac: Mortgage rates tick higher; 30-year fixed averages 4.15%

A favorable jobs report pushed mortgage rates slightly higher in this week’s survey of lenders by Freddie Mac, with the average for a 30-year fixed loan rising to 4.15% from 4.12% last week. Mortgage lenders were offering 15-year fixed loans at an average of 3.24%, up from 3.22% last week, according to Thursday’s report from Freddie Mac, the McLean, Va., home finance company that has been a ward of the federal government since the financial crisis. The average starting rate for home loans that become adjustable after five years at a fixed rate edged up from 2.98% to 2.99%. Freddie Mac asks lenders each Monday through Wednesday about the terms they are offering to low-risk...

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