Average US rate on 30-year mortgage rises to 4.40 pct; 15-year loan up to 3.42 pct.

  • by: Associated Press
  • Updated: March 27, 2014 - 10:25 AM

WASHINGTON — Average U.S. rates on fixed mortgages rose this week in the wake of comments by Federal Reserve Chairman Janet Yellen suggesting that the Fed could start raising short-term interest rates by mid-2015.

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