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Afternoon Mortgage Meltdown: Loan Rates on the Creep

How about some numbers to round out the day? 30-year fixed-rate mortgages averaged 5.88% for the week ending April 3, up from last week's 5.85% and the highest since the middle of March, when 30-year rates stood at 6.13%. Rates on 15-year, fixed-rate mortgages rose this week to 5.42%, up from 5.34% last week. Freddie Mac = not happy. Those with shorter, 5-year A.R.M. mortgages got a little Serotonin uptake this week, however, as five-year adjustable-rate mortgages, rates dropped to 5.59% this week, from 5.67% last week. One year A.R.M.'s: 5.19% this week, down from 5.24% last week. Most Boring Post We've Ever Written Award: already on the mantel. [CNN Money, money, money]