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Daily Real Estate News  |  March 12, 2010  |   Mortgage Rates Remain Steady
Freddie Mac reports that mortgage rates remained under the 5 percent mark for the second consecutive week, with the average interest on a 30-year fixed loan coming in at 4.95 percent from 4.97 percent a week earlier.

Meanwhile, interest on 15-year fixed loans averaged 4.32 percent versus 4.33 percent the previous week. Rates on five-year, adjustable-rate mortgages settled at 4.05 percent, a decline from 4.11 percent last week.

Source: Lakeland (Fla.) Ledger (03/12/10)

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