Average US mortgage rates rise; 30-year at 4.60 percent

Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages jumped to 4.60 percent this week from 4.54 percent last week. Long-term loan rates have been running at their highest levels in seven years. The average ...

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Average US mortgage rates rise; 30-year at 4.60 percent

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