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Mortgage Rates Update > 4/22/2013

Mortgage rates began the fresh week at the lowest level seen in three weeks as lukewarm economic data continues to have a positive effect.  The continued rally of the last few weeks resulted in today’s mortgage rates just off their 2013 record lows.

Opening the week, the average mortgage rates for 30 year fixed mortgages is around 3.6%, down nearly a quarter point from March, while average 15 year mortgage rates improved slightly to around 2.8%.  Rates for Adjustable Rate Mortgages showed less improvement with average 5/1 ARM rates opening the week around 2.6%.  Get current mortgage rates as they happen through RatesGuide.com mortgage rate updates.

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