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Mortgage Rates Keep Up Rebound as 30-Year Tops 3%

Friday, Mar 05 2021
Lending
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U.S. long-term mortgage rates have reached a milestone in their rise from historic lows. So reports Reuters.

According to Freddie Mac, the 30-year fixed-rate mortgage averaged 3.02% in the week ending March 4, the highest since July.

Mortgage rates have been close to all-time lows for months, helping the housing sector recover to above where it was before the coronavirus hit.

Read the full article from Reuters.

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