Mortgage rates broke out of a narrow range, rising to the highest point since January. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage rate is now 6.42 percent and has an average of 0.26 discount and origination points.
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Mortgage rates increased slightly this week, with the average 30-year fixed mortgage rate rising to 6.32 percent.
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Fixed mortgage rates moved higher across the board this week. The average 30-year fixed mortgage rate rose to 6.25 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.27 discount and origination points.
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A lack of definitive economic data helped keep mortgage rates at the lowest point since mid-December. Mortgage rates declined for the fourth time in the past five weeks, with the average 30-year fixed mortgage rate dropping to 6.19 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.3 discount and origination points.
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Statewide Median Price for a House in Illinois Is Stable at $200,000, as The Mortgage Rates Are Low.
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