FILE PHOTO: Sold homes are seen in the southwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola/File Photo
NEW YORK - Interest rates on U.S. 30-year fixed-rate mortgages rose for a second week in step with higher bond yields due to less pessimism about global economic growth, Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 4.12% in the week ended April 11, up from the previous week’s 4.08%. Two weeks earlier, they fell to 4.06%, which was the lowest since Jan. 18, 2018, the mortgage finance agency said.
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