ORANGE COUNTY, CA-The mortgage finance company Freddie Macreported that the average fixed rate of 30-year mortgage increased0.7% to 4.37%, a 0.05% increase from record-low average rate.However, the average fixed rate of 15-year loans registered arecord-low value of 3.82%, the lowest since August 1991.

The average rates of 30-year loan have registered low values in10 of the last 13 weeks, while that of the 15-year loans were downin 11 of the last 13 weeks. For the full story, go toThe Orange County Register. News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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