Saturday, Dec 10, 2016
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Real Estate

30-year mortgage rate increases to 4.60%

WASHINGTON — Fixed mortgage rates rose this week by the most in four months.

The average rate on a 30-year loan increased to 4.60 percent, up from 4.51 percent a week ago, Freddie Mac said Thursday. It hit its lowest level of the year three weeks ago, at 4.49 percent.

The average rate on the 15-year fixed mortgage, a popular refinancing option, rose to 3.75 percent. It reached its low point of the year two weeks ago, at 3.67 percent.

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