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U.S. mortgage rates rise for 3rd week in a row

bizjournals Monday, 4 November 2019
U.S. mortgage rates have risen for third week in a row, according to Freddie Mac. The 30-year fixed mortgage averaged 3.78 percent for the week ending Oct. 31 — an increase from 3.75 percent last week. A year ago, mortgage rates stood at 4.83 percent. Low mortgage rates help propel U.S. home sales and the refinance market. “This week marks the third consecutive week of rate increases, which hasn’t happened since April of this year. That said, purchase activity continues to show strength,…
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