"Home mortgage rates jumped in the most recent week, pulled higher by rising Treasury yields, according to a report released Thursday.
The average 30-year fixed mortgage rate rose to 5.45% in the week ended Wednesday, up from 5.24% last week, according to a weekly national survey from Bankrate.com.
Even as mortgage rates continue to rise, they still remain much lower than last year, when the average 30-year fixed mortgage rate was 6.20%, according to Bankrate.com"
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Mortgage rates jump
Thursday, May 28, 2009
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