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Mortgage interest rates rise: The difference each month between 3% and 4% Updated Mar 10, 2021; U.S. long-term mortgage rates ticked up this week but remain near historic lows. The Federal Home Loan Mortgage Corporation (Freddie Mac) reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan increased to 3.02% from 2.97% the previous week. In comparison, the rate was 3.65% last March. The lowest interest rate was 2.65% the second week of January 2021, and mortgage rates have risen by more than 30 basis points since then, according to Freddie Mac. The average rate on 15-year fixed-rate loans, popular among those seeking to refinance their mortgages, rose to 2.34% from 2.21% last week. ....