U.S. mortgage rates reach 3% for first time since April


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U.S. mortgage rates reach 3% for first time since April

Mortgage rates in the U.S. rose for the first time this month.

The average for a 30-year loan was 3 percent, up from 2.94 percent last week, Freddie Mac data showed Thursday. It was the first time since mid-April that the rate was at or above 3 percent.

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