Interest rates on U.S. 30-year fixed-rate mortgages moved higher from their lowest in over 14 months as bond yields have risen this week on encouraging economic data and optimism on a trade deal between China and the United States, Freddie Mac said.
Thirty-year mortgage rates averaged 4.08% in the week ended April, up from the prior week’s 4.06%, which was the lowest level since Jan. 18, 2018, the mortgage finance agency said.
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