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Rising mortgage rates will test housing market (Los Angeles Times)
December 31, 2009 by admin · Leave a Comment
The interest rate for a 30-year loan ticks up to 5.14%, the fourth consecutive weekly increase. Mortgage rates are continuing their creep upward in a trend that well may choke off a recent refinancing boom and provide a test of the strength of the housing market in 2010.
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Rising mortgage rates will test housing market (Los Angeles Times)