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Mortgage rates remain below 5 percent

By Associated Press
Thursday, March 11, 2010 -
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WASHINGTON — Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.

The average rate on a 30-year fixed rate mortgage was 4.95 percent this week, down from 4.97 percent a week earlier, mortgage finance company Freddie Mac said.

 
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