Mortgage rates stay flat

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Rates on 30-year fixed-rate mortgages averaged 4.48 percent with an average point of 0.7 for the week ending Dec. 26, up from 4.47 percent last week but down from 3.35 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey.

Rates on 15-year fixed-rate mortgages and five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) loans increased, while rates on one-year Treasury-indexed ARMs dropped.

Source: Freddie Mac

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