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WASHINGTON (AP) - Rates on 30-year mortgages rose for a third straight week, hitting the highest level in eight months.
Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.42 percent in its nationwide survey this week.
That was up slightly from 6.37 percent last week and represented the highest point for 30-year mortgages since they averaged 6.43 the week of Sept. 14.
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