"Home mortgage rates were slightly higher this week, snapping a 4-week streak of declines, said a report released Thursday.
The average 30-year fixed mortgage rate jumped to 5.2% up from 5.13% this week week, according to Bankrate.com's weekly national survey.
'Homeowners and buyers are benefiting from the initiatives of the Federal Reserve to purchase mortgage debt and government securities in an effort to reduce borrowing costs and jumpstart the economy,' the report said."
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Mortgage rates increase to 5.2%
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