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increased-nationwide

Mortgage balances starting to rise

CEDAR RAPIDS — Average mortgage balances increased nationwide to $187,139 in the fourth quarter of 2014, up from $185,496 in the final quarter of 2013. That continued a recent trend of yearly growth, according to TransUnion, a Chicago-based credit and information management company. The average mortgage balance stood at $183,339 in the fourth quarter of 2012.