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Average Mortgage Rates Experience Minimal Increase, But Remain Relatively Unchanged

Average Mortgage Rates Experience Minimal Increase, But Remain Relatively Unchanged

| Oct 11, 2013 | Housing Market

According to a recent study, mortgage rates have increased very slightly for the first time in a month. The small increase is attributed mainly to the government shutdown, and the resulting inability of various economic reports to be released. Unfortunately, most experts agree that without a resolution to the shutdown, mortgage rates will remain relatively unchanged, possibly even decreasing over the next week. More here

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