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August 2009
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Rates Bumped Up Slightly

Long-term mortgage rates bumped up slightly this past
week,but
they remain near record lows. Freddie Mac reported that average
interest on a 30-year fixed loan was 5.14
percent
,up from 5.12 percent a week ago. Rates for
15-year home loans,meanwhile,rose to 4.58 percent from 4.56
percent last week.

[SOURCES:Freddie Mac;Information,Inc.]

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