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Zillow: US 30-year mortgage rates edge up this week

Posted on 18 April 2012

Zillow Inc. said Tuesday its real-time measure of 30-year fixed mortgage rates rose for the first time in four weeks. The 30-year fixed mortgage rate on Zillow’s Mortgage Marketplace edged up to 3.76%, from 3.73% a week earlier. The rate hovered around 3.7% to 3.77% for most of the week.
Last month, a string of positive economic news helped lift Zillow’s measure of 30-year mortgage rates to its highest level in five months. But Zillow said Tuesday that a lack of significant U.S. or international news to rattle the markets helped stabilize mortgage rates close to historical lows this week………………………………………..Full Article: Source


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