Long-term U.S. mort­gage rates rise, stay­ing near 2014 highs. Long-term

The Denver Post - - BUSINESS -

U.S. mort­gage rates ticked up again this week, stay­ing at their high­est lev­els since early 2014.

Mort­gage buyer Fred­die Mac on Thurs­day re­ported the rate on 30-year fixe­drate loans rose to an av­er­age 4.32 per­cent from 4.30 per­cent last week. That av­er­age is at its high­est since April 2014.

It’s a sharp in­crease from a 30-year rate that av­er­aged 3.65 per­cent for all of 2016, the low­est level recorded from records go­ing back to 1971.

Rates be­gan to climb af­ter the pres­i­den­tial elec­tion.

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