30-year mortgage rates top 6% for first time since 2008

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30-year mortgage rates top 6% for first time since 2008
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Less than a year removed from historically low interest, the average rate on a 30-year fixed rate mortgage nationally is now higher than its been since 2008.

Sean McDonnell, cleveland.com

CLEVELAND, Ohio — The average rate on a 30-year fixed mortgage was 6.02% Thursday, up from 5.89% a week ago, according to Freddie Mac, a government-sponsored home-loan agency. Rates on a 15-year fixed mortgage were 5.21%, down from 5.16% last week. Note to readers: if you purchase something through one of our affiliate links we may earn a commission.

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