UPDATE 1-U.S. 30-year mortgage rates hit over 2-year high -Freddie
December 08, 2016 at 11:12 AM EST
* Mortgage rates rise despite pullback in U.S. bond yields * Fifteen-year mortgage rate hits highest since Oct. 2014 * Five-year adjustable rate reaches highest since Sept. 2013 (Adds background, table) NEW YORK, Dec 8 (Reuters) - The average interest rate on U.S. 30-year fixed-rate mortgages rose to its highest level in more than two years even as benchmark Treasury yields retreated from near 1-1/2-year peaks, mortgage finance agency Freddie Mac said on Thursday. The borrowin