Pursuits
Mortgage Rates in the U.S. Increase to Highest for 2015
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Mortgage rates in the U.S. rose to a 2015 high this week as bond investors reacted to reports showing the housing market is heating up.
The average rate for a 30-year fixed mortgage was 3.87 percent, up from 3.84 percent last week and matching the level at the end of 2014, Freddie Mac said in a statement Thursday. The average 15-year rate increased to 3.11 percent from 3.05 percent, according to the McLean, Virginia-based mortgage financier.