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Mortgage rates hit two-year high

Posted by Bonnie Martin Designated Broker on Monday, August 26th, 2013 at 7:12am. - The rate is now 4.58%, up from 4.4% the prior week.

That is the highest level for the 30-year in more than two years, since it hit 4.6% on July 7, 2011, according to Freddie Mac spokesman Chad Wandler.

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