Mortgage Rates Rise for Second Straight Week to 5.54%

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Mortgage charges climbed for the second consecutive week.

The typical fee on a 30-year fixed-rate mortgage rose to five.54%, mortgage-finance large Freddie Mac stated Thursday. That’s up from 5.51% final week however beneath the 13-year high of 5.81% recorded in June. A yr in the past, charges had been round 2.8%.

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