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Home : Home Mortgage Loan : Fixed Rate Mortgage : MSN Newsfeeds : Mortgage rates spike - biggest jump since '87 - CNN Money

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Mortgage rates spike - biggest jump since '87 - CNN Money

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NEW YORK (CNNMoney.com) -- Low mortgage rates, the one bright spot in a devastated housing market, are on a rapid rise. Freddie Mac reported Thursday that the average 30-year fixed-rate mortgage has hit 6.46% - up from 5.94% the week earlier. That ...

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