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Daily Archives: August 25, 2013

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Average rate on 30-year mortgage at 4.58%

NewsBy Starr Custom HomesAugust 25, 2013Leave a comment

By Marcy Gordon, Associated Press   WASHINGTON – Aug. 23, 2013 – Average U.S. rates for fixed mortgages rose this week to their highest levels in two years, driven by heightened speculation that the Federal Reserve will slow its bond purchases later this year. Mortgage buyer Freddie Mac said Thursday that the average rate on…

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