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Real Estate


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April 11, 2014

Average mortgage rate: 4.3%

  • Mortgage rates have risen about a full percentage point since hitting record lows about a year ago.

    • WASHINGTON (AP) — Average U.S. rates on fixed mortgages declined this week, edging closer to historically low levels as the spring home-buying season begins.

    Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year loan fell to 4.34 percent from 4.41 percent last week. The average for the 15-year mortgage eased to 3.38 percent from 3.47 percent.


     
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