September 12, 2019 / 2:17 PM / 2 months ago

U.S. 30-year mortgage rates rise from near 3-year lows - Freddie Mac

NEW YORK, Sept 12 (Reuters) - Borrowing costs on U.S. 30-year fixed-rate mortgages climbed from their lowest level in nearly three years in line with a jump in bond yields tied to lessening worries about U.S.-China trade tensions, Freddie Mac said on Thursday.

The interest rates on 30-year mortgages averaged 3.56% in the week ended Sept. 12, up from 3.49% the week before - which was their lowest level since October 2016. A year earlier, they averaged 4.60%, the mortgage finance agency said. (Reporting by Richard Leong; Editing by Hugh Lawson)

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