Traverse City Record-Eagle

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28dn BIZ pic Mortgage Rates [Duplicate]

A home is for sale in Glenview, Ill. Average U.S. rates on fixed mortgages surged this week to their highest levels in two years, and the rate on the 30-year loan jumped by the most in 26 years. The increase is evidence that the Federal Reserve's comments about possibly reducing its bond purchases are already affecting consumers.

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