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4.12: Mortgage Rates Hop Back Up

  • October 13th 2011

by UrbanTurf Staff

4.12: Mortgage Rates Hop Back Up: Figure 1

After hitting an all-time low last week of 3.94 percent, long-term mortgage rates rose back above 4 percent today, following a better-than-expected jobs report. Freddie Mac reported 4.12 with an average 0.8 of a point as the average on a 30-year fixed mortgage. It was the first time that long-term rates had actually increased in six weeks.

Here’s a look at the path of rates since last January:

4.12: Mortgage Rates Hop Back Up: Figure 2

See other articles related to: freddie mac, interest rates, mortgage rates

This article originally published at https://dc.urbanturf.com/articles/blog/4.12_mortgage_rates_hop_back_up/4345.

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