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Average US rate on 30-year mortgage at 4.22 pct.

By Washington Examiner
Published November 21, 2013 3:42pm ET
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Average US rate on 30-year mortgage at 4.22 pct.
In this Thursday, Nov. 14, 2013, photo, a home is advertised for sale in Matthews, N.C. Freddie Mac reports on mortgage rates for this week on Thursday, Nov. 21, 2013. (AP Photo/Chuck Burton) | Chuck Burton

WASHINGTON (AP) — Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan fell to 4.22 percent from to 4.35 percent last week. The average on the 15-year fixed mortgage dipped to 3.27 percent from 3.35 percent.

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