Average 30-year loan rate up, but still under 4%
WASHINGTON (AP) – Oct. 31, 2014 – Average U.S. long-term mortgage rates arrested their five-week decline this week, but the benchmark 30-year loan remained below 4 percent. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.98 percent from 3.92 percent last week. It remained at its lowest level…