Mortgage Rates Hold Steady

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McLEAN, Va. - (11/19/04) -- Long-term mortgage rates were stablethis week, with the average for the benchmark 30-year, fixed-rateloan dipping slightly, to 5.74%, from 5.76$ last week, according toFreddie Mac. The average for the 15-year, fixed-rate mortgagedeclined a single basis point, to 5.15%. One-year ARM rates rose abp to 4.17% last week.

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