Rates rise after weeks of decline
Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday.
The average rate on 30-year, fixed-rate mortgages was 4.81 percent, up from a record-low 4.71 percent last week. The increase broke a five-week streak of declining loan rates.
Last year at this time, the average fixed rate for 30-year mortgages was 5.47 percent.
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