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Mortgage rates nudge slightly higher

Mortgage rates barely increased this week. That did not dissuade borrowers from filling out purchase and refinance applications. The uptick may not last, though. Recent economic data may persuade the Federal Reserve to hold off on rate increases even longer.

Mortgage rates for March 26, 2015

Mortgage rates fell for a second straight week, after the Federal Reserve downgraded economic and inflation expectations for this year.

6 Steps to Get the Best Mortgage Rates This Spring

If you've got the itch to ditch your landlord and take the leap to homeownership, mortgage rates are still low by historical standards. Rents have been rising and rising,” says Lawrence Yun, chief economist at the National Association of Realtors. The NAR expects 30-year, fixed-rate mortgages to average 3.80 percent in the first quarter.