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Fixed-Rate Mortgages Are Starting to Rise

By Mike in with 0 Comments

Realtor Magazine and the article Mortgage Rates End Six-Week Streak of Record Lows are reporting that fixed-rate mortgages, that has been reaching all-time low records for the last six weeks are starting to rise. Even though the rate of the 30-year fixed-rate averaged 3.71 percent this week, it is still showing record low numbers compared to last year when it averaged 4.5 percent.