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S&P500
2343.98
-1.98
-0.08%
NASDAQ
5828.74
+11.04
+0.19%
NYSE
11418.887
-12.008
-0.1050%
GOOG
814.43
-3.15
-0.39%
YHOO
46.4
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-0.43%
AAPL
140.64
-0.28
-0.20%
AMZN
845.61
-1.77
-0.21%
FB
140.34
+0.81
+0.58%
BPOP
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-0.05%
EVTC
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OFG
10.95
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FBP
5.45
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GTS
16.73
+0.13
+0.78%

Average US 30-Year Mortgage Rises to 3.52 Percent

By on October 20, 2016

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for a second straight week, reaching their highest levels since June.

FILE - In this July 22, 2015, file photo, a "Sold" sign is posted outside a Harbor Beach neighborhood home in Fort Lauderdale, Fla. Losing a home to a foreclosure or short sale is devastating, but it doesn’t have to define you. Rebuilding credit, working with a housing counselor and steering clear of predatory lenders are just a few of the ways to get back on your feet and on the path to owning another home. (AP Photo/Wilfredo Lee, File)

FILE – In this July 22, 2015, file photo, a “Sold” sign is posted outside a Harbor Beach neighborhood home in Fort Lauderdale, Fla.  (AP Photo/Wilfredo Lee, File)

Mortgage giant Freddie Mac says the average for a 30-year fixed-rate mortgage increased to 3.52 percent from 3.47 percent last week.

Rates still remain near historic lows. The benchmark 30-year rate is down from 3.79 percent a year ago and close to its all-time low of 3.31 percent in November 2012.

The 15-year fixed-rate mortgage, popular with homeowners who are refinancing, rose to 2.79 percent from 2.76 percent.

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