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Published: Saturday, 10/19/2013 - Updated: 2 years ago

Rate on 30-year, fixed mortgage rises to 4.28%


WASHINGTON — Average U.S. rates on fixed mortgages rose slightly this week but stayed near three-month lows. Rates could fall next week now that lawmakers have reached a deal to avert a federal debt default and end the partial shutdown.

Mortgage buyer Freddie Mac said the average rate on the 30-year loan increased to 4.28 percent from 4.23 percent last week. The average on the 15-year fixed loan edged up to 3.33 percent from 3.31 percent.

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