The 30-year fixed mortgage rate jumped to 3.55 percent, up from 3.49 percent last week.
August 03, 2012 at 12:00 AM
1 minute read
The average rate on the 30-year fixed mortgage rose this week after falling to new record lows in each of the past 13 weeks.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan jumped to 3.55 percent. That’s up from 3.49 percent last week, which was the lowest since long-term mortgages began in the 1950s.
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