U.S. mortgage rates hold steady

U.S. mortgage rates held steady this week, according to Freddie Mac. The 30-year fixed mortgage averaged 4.45 percent for the week ending March 22, essentially unchanged from 4.44 percent the previous week. A year ago, mortgage rates stood at 4.23 percent. Favorable mortgage rates have helped propel U.S. home sales and the refinance market. "The Federal Reserve raised interest rates today — a much-anticipated move that comes as both U.S. and global economic fundamentals continue to strengthen,”…

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