Mortgage Rates Waver as Fed Slows Buying

Home mortgage rates were mixed this week as the Federal Reserve began easing away from its repurchase of Treasurys. The average 30-year fixed rate mortgage inched up to 5.67% from 5.65% the week prior, and the 15-year fixed fell to 4.93% from 4.97%, according to the weekly national survey from Bankrate.com.Mortgage rates have held within a narrow range for almost two months, despite some economic improvement, the report noted.

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