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Improved Economy Increases Mortgage Rates
Average 30-year rate rises to 4.53% from 4.48%
Jan. 3, 2014
By E. SCOTT RECKARDLos Angeles Times
The economy is brightening as 2014 arrives -- but that could signal higher borrowing costs for homebuyers as the Federal Reserve scales back its efforts to lower interest rates and the chance of higher inflation increases.
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