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April 26, 2008

Mortgage Interest Rates Rise Above 6 Percent

For the first time in six weeks, average rates for 30-year, fixed-rate mortgage loans in the U.S. rose above 6 percent, CNN Money reported April 24, 2008.

Average rates, according to Freddie Mac, stood at 6.03 percent, up from 5.88 percent the previous week. Rates for 15-year notes rose to 5.62 percent, up from 5.40 percent.

Read The CNN Money Article

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