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Mortgage rates inch up for first time in 12 weeks

Freddie Mac said the 30-year fixed-rate mortgage averaged 4.35 percent this week, breaking a run of weekly record lows that spanned most of the summer. Last week, the rate averaged 4.32 percent. The 15-year fixed-rate mortgage set a new record low of 3.83 percent, down from 3.83 percent last week.

By Elizabeth Razzi  |  September 9, 2010; 11:09 AM ET
Categories:  Housing  
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