NEW YORK, July 28, 2016 /PRNewswire/ — Mortgage rates continue to crawl back from post-Brexit lows, with the benchmark 30-year fixed mortgage rate moving up for a third week in a row to 3.63 percent,
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The average 15-year fixed rate mortgage popular for refinancing sank to 6.08%. On larger loans, the average jumbo 30-year fixed rate plunged to 6.48%. Adjustable mortgage rates were in on the act too, with the average 5/1 ARM backtracking to 6.17% and the average one-year ARM settling at 6.04%.