US mortgage rates rise this week as Fed nears rate hike

December 07, 2017 11:23 AM

WASHINGTON (AP) — U.S. mortgage rates rose this week as the economy showed signs of strength, which makes it more likely that the Federal Reserve will raise its short-term rate next week.

This weekLast weekYear ago
30-year fixed3.943.94.13
15-year fixed3.363.33.36
5-year adjustable3.353.323.17
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(Copyright 2017 by The Associated Press. All Rights Reserved.)

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