US long-term mortgage rates rise; 30-year at 2.96%

WASHINGTON (AP) - U.S. average rates on long-term mortgages rose this week but remained at historically low levels. The key 30-year loan stayed below 3%.

Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan increased to 2.96% from 2.88% last week. By contrast, ...