Average U.S. rates on fixed mortgages rose for the second straight week amid some signs of economic strength. Still rates remain near historically low levels.
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 4.35% from 4.16% last week. That’s the highest level since Sept. 19, when it was 4.50%. The average on the 15-year fixed mortgage rose to 3.35% from 3.27%. The rates, though, are at their lowest levels in four months.
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