30-year mortgage rate highest in a year

The 30-year fixed-rate mortgage rose to 3.81% in the week ending May 30 – the highest rate in a year — up from 3.59% in the prior week, Freddie Mac said Thursday in its weekly report. A year ago, the 30-year rate averaged 3.75%. “Fixed mortgage rates followed long-term government bond yields higher…

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30-year mortgage rate highest in a year

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