Mortgage rates rise to highest level in over a month

Mortgage rates climbed this week, mortgage buyer Freddie Mac said Thursday.

Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.11% from last week's reading of 6%. 

The average rate on a 30-year loan was 6.65% a year ago.

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"Despite the modest uptick, buyers are responding to rates in this range, with existing-home...