Mortgage rates barely budged this week as the impact of the recent hurricanes began weighing on the economy.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average bumped up to 3.85 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.83 percent a week ago and 3.42 percent a year ago.
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