News Summary: Average US rate on 30-year fixed mortgage rises to 2-year high of 4.51 pct.

  • by: The Associated Press
  • Updated: July 11, 2013 - 1:30 PM

RATES RISE: The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51 percent, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.

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