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Mortgage Rates Rise: Fixed-rate mortgages averaged 10.16%...

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From Times Staff and Wire Reports

Mortgage Rates Rise: Fixed-rate mortgages averaged 10.16% this week, up from 10.13% last week, according to a national survey released by the Federal Home Loan Mortgage Corp. On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 8.30%, up from 8.26% last week. The rates do not include add-on fees known as points.

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