(Washington Post) Mortgage rates moved higher for the third week in a row, according to the latest data released by Freddie Mac.
The 30-year fixed-rate average jumped to 3.59 percent with an average 0.7 point. It was up from 3.51 percent last week but down from 3.78 percent a year ago. Until last week, the 30-year fixed rate had remained below 3.5 percent for more than a month.
The 15-year fixed-rate average climbed to 2.77 percent with an average 0.7 point. It was 2.69 percent a week ago and 3.04 percent a year ago. Despite the increase, the 15-year fixed rate has not been above 3 percent in nearly a year.
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