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Mortgage Rates Rise to Highest Level in 2 Months

December 28th, 2009 · No Comments

The average fixed-rate for a 30-year mortgage climbed above 5 percent for the first time in two months, leading to a decline in mortgage applications.
The average fixed rate on a 30-year mortgage was 5.05 percent this week, up from 4.94 percent last week, Freddie Mac said Thursday. The last time rates were above 5 percent [...]

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Tags: Real Estate News