Rates Steady on Mortgages

Home-mortgage rates held the line this week, remaining at three-month lows, with the average rate on 30-year, fixed-rate mortgages remaining just above 5%, according to Freddie Mac's weekly survey.

Freddie said the 30-year fixed-rate mortgage averaged 5.04% for the week ended Thursday, unchanged from last week's average and down from 6.09% a year ago. Rates on 15-year fixed-rate mortgages were 4.46%, compared with 4.47% last week and 5.77% a year ago.

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