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Mortgage rates have increased 0.5% since last fall and are expected to continue to rise as a reaction to the improving economy. According to Freddie Mac, the average 30-year fixed-rate loan has increased slightly over the last couple of weeks and averaged 3.81% early last week. Experts are predicting that Mortgage rates will grow approximately 1% higher by the end of 2014. mortgage rates are still extremely low according to experts. More here
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