Mortgage Rates Mixed, Could Move Higher

Interest rates on residential loans were mostly mixed over the past week. But some signs point to a significant move higher over the next week.

Thirty-year fixed rates averaged 3.42 percent during the week that ended on July 14 in the Primary Mortgage Market Survey from Freddie Mac.

Rates were barely changed from the prior week, when the average was 3.41 percent, but were lower than 4.09 percent in the year-prior report.

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From:: Financing