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Mortgage Rates Above 5 Point Mark

Posted by Breckenridge Associates Real Estate on Thursday, April 29th, 2010 at 3:23pm.

Mortgage rates have crept up slightly to now above the 5 point mark from their record low of 4.71 in December. They were pushed down in the fall due to the campaign led by the Federal Reserve to help reduce consumer spending. The program ended in March. Current rates for a 30 year fixed loan is currently 5.06, down a tick from last week's 5.07.

Read more on the MSNBC Mortgage Rates Article.

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