30-year rate up for first time since late March

Rates on 30-year mortgages, after falling for five straight weeks, edged up a bit this week, reflecting in part indications that the recent economic slowdown would be short-lived.

interest rate

Analysts predicted that mortgage rates will rise in the months ahead but at a gradual pace that would leave the 30-year mortgage at around 6.5 percent by the end of the year.

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