Mortgage Rates Rise, Applications Drop
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adjustable rate mortgagesReuters
•Business
Business & Economics
US 30-year mortgage rate jumped last week to 2-month high

80% Informative
The interest rate for the most popular U.S. home loan jumped to 6.81% last week , its highest level in two months .
The average contract rate on a 30-year fixed-rate mortgage rose 20 basis points in the week ended April 11 .
That was the biggest one-week increase in the rate since October .
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