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Mortgage Rates Update > 10/24/13

Graph of 30-Year Conventional Mortgage Rate
The Primary Mortgage Markets had a relatively calm day with no major changes in rates across the board. Mortgage rates are holding at four month lows, and have been since important economic data was released on Tuesday. In the coming weeks more economic data will be released and the markets, no doubt, will be on the move again. In what direction, though, remains to be seen.

The average 30-year fixed rate held firm at around 4.15%, the average 15-year rate was also relatively calm to stay around 3.25%. The average 5/1 year ARM held still at the 3.17% range.

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