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Weekly Mortgage Rates
30 Year Fixed
3.92 %
15 Year Fixed
3.16 %
1 Year ARM
2.79 %
Freddie Mac Natl. Avg.
Updated 3/15/2012
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Lock-in
When interest rates are volatile, many borrowers want to "lock in" an interest rate and many lenders will oblige, setting a limit on the amount of time the lock-in is in effect.
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