According to mortgage buyer Freddie Mac, the rate rose to 6.85% from 6.72% last week. The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to price home loans.The rate rose to 6.85% from 6.72% last week, mortgage buyer Freddie Mac said Thursday.

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BING NEWS:
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