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Average US 30-year mortgage rate at 4.14 percent

By Washington Examiner
Published August 7, 2014 3:37pm ET
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Average US 30-year mortgage rate at 4.14 percent
FILE - This May 14, 2014 file photo shows a new home for sale in the Winthrop subdivision in Riverview, Fla. Freddie Mac reports on average U.S. mortgage rates for this week on Thursday, Aug. 7, 2014. (AP Photo/Chris O'Meara, File) | Chris O'Meara

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.

Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan inched up to 4.14 percent from 4.12 percent last week. The average for a 15-year mortgage, a popular choice for people who are refinancing, rose to 3.27 percent from 3.23 percent last week.

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