Monday, February 19, 2018

Mortgage rates climb for 5th straight week

Feb. 8, 2018 at 11:43 p.m.

WASHINGTON — Long-term U.S. mortgage rates climbed for the fifth straight week amid investors' growing concern about inflation.

Mortgage giant Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages shot up to 4.32 percent this week, up from 4.22 percent last week and the highest since December 2016.



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