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U.S. mortgage rates rise on Monday

NEW YORK, March 29 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points rose 1/8 of a percentage point to 5-3/4 percent, according to BestInfo, Inc.

The 30-year mortgage with one upfront point climbed 1/8 of a percentage point to 5-1/2 percent.

The 30-year mortgage rate with two upfront points increased 1/8 of a percentage point to 5-1/4 percent.

The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo. The company, formerly BestRates Inc., is a Dover, Vermont-based provider of mortgage market analysis.

 


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