Mortgage Rates Move Higher

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McLEAN, Va. - (02/17/06) -- Long-term mortgage rates inched upagain this week, to their highest level this year, according toFreddie Mac. The average for the 30-year, fixed-rate mortgageincreased to 6.28% this week, from 6.24% last week; while theaverage for the 15-year, fixed-rate loan rose to 5.91%, from 5.83%.ARM rates also moved higher, with the five-year ARM rising to5.95%, from 5.89% last week; and the average for the one-yearaverage going to 5.36% from 5.34%.

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