30-Year Loan Rates Finishes Year at 5.85% - 2004-01-04
Rates on 30-year and 15-year mortgages moved up this week, ending a three-week streak in which these rates had fallen.
Even with the uptick, rates are still sufficiently low to keep the housing market healthy, economists said.
The average rate on 30-year mortgages this week was 5.85 percent, up from 5.81 percent last week, Freddie Mac said in its weekly nationwide survey of mortgage rates.
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