Mortgage Rates Rise: Fixed-rate home mortgages averaged...
Mortgage Rates Rise: Fixed-rate home mortgages averaged 10.78% last week, according to a national survey released by the Federal Home Loan Mortgage Corp. That rate was up from 10.69% the week before. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 8.73% last week, up from 8.68% the week before, Freddie Mac said.
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