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From Times wire reports
* Good news for buyers of manufactured homes: More borrowers will be able to purchase such a dwelling as a principal residence with a 5% down payment on a 30-year mortgage under new Fannie Mae standards.
* Rates on 30-year, fixed-rate mortgages averaged 5.76% last week, up from 5.7% the week before, Freddie Mac said. The 15-year, fixed-rate mortgage rates averaged 5.16%, up from 5.08%. One-year adjustables rose to 4.16% from 4%.
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