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Mortage rates increase (AP)

Posted on Thursday 31 January 2008

A foreclosure sign is seen in Antioch, California in this file photo taken on November 27, 2007. The U.S. housing crisis has focused attention on adjustable rate mortgages (ARMs) and the danger posed by their spiking interest rates. REUTERS/Erin Siegal/Files (UNITED STATES)AP - Rates on 30-year mortgages rose for the first time this year after four straight weekly declines.


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