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Following a significant dip, 30-year and 15-year fixed mortgage rates see a minor increase.
Strong labor market and consumer confidence bolster economic resilience, but homeowners' show reluctance to relinquish low mortgage rates.
Freddie Mac survey finds the average rate for a 30-year mortgage slipped to 6.78%.
Both the 30-year and 15-year fixed mortgages reach their highest levels since November.
Offering Special Purpose Credit Programs for HomeReady and Freddie Mac’s BorrowSmart Geo-Target.
30-year fixed (6.81%) and 15-year fixed (6.24%) reach highest levels since Nov. 10 last year.