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Mortgage rates

Long-term fixed mortgage rates increased for the sixth-consecutive week, reaching the highest level in almost four years, according to Freddie Mac. The average 30-year, fixed-rate mortgage increased to 4.38% this week, compared to 4.32% a week ago. The current rate is the highest since April 2014. The 15-year fixed-rate increased to 3.84%, compared to 3.77% a week earlier.

 

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