Average 30-year mortgage rate jumps to 4.46%

Julie C. Nichols General

Associated Press/USA Today

Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year loan jumped to 4.46% from 4.29% last week. The average on the 15-year fixed loan increased to 3.47% from 3.30%.

Rates have risen a full percentage point since May after the Federal Reserve signaled it might slow its bond purchases by year’s end. Rates peaked at 4.6% in August.

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