US mortgage rates rise this week as Fed nears rate hike

Markets Associated Press

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.

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This week Last week Year ago
30-year fixed 3.94 3.9 4.13
15-year fixed 3.36 3.3 3.36
5-year adjustable 3.35 3.32 3.17