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Mortgage Rates Update > 10/29/13

Graph of Primary Mortgage Market Survey: 15-Year Fixed Rate
Mortgage Rates hold steady for yet another day, staying in line with the lowest levels in four months. Most insiders don’t see any real change until the next employment situation report, set to be out next Friday. However some precursor reports will be out as soon as tomorrow including the ADP Employment Report, as well as an afternoon policy announcement by the FOMC.

The average 30-year fixed rate held steady again to remain at the 4.15% range, with the 15-year fixed rate also holding at the 3.25% range. The average 5/1 year ARM held firm at the 3.14% range

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