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Mortgage rates rise

WASHINGTON, Dec. 14 (UPI) -- Freddie Mac said Friday long term mortgage rates rose during the latest reporting week but still remained at historically low levels. Freddie Mac said the average rate on the popular 30-year loan to homebuyers rose to 7.09 percent from 6.84 percent last week from the 7.02 percent level lenders were asking two weeks earlier.

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