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US 30-year mortgage rates average rises to 3.85 percent

Long-term mortgage rates ticked up slightly the week of Oct. 2 as the average 30-year fixed-rate mortgage rose to 3.85 percent from 3.83 percent a week before. Mortgage buyer Freddie Mac said the 15-year home loan, often used by homeowners who refinanced their mortgages, also rose slightly to 3.15 percent from 3.13. While near historically low, mortgage ...

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