MSNBC reports that Mortgage rates Raise slightly

Mortgage rates up from yearly lows

National average for a 30-year fixed loan ticks up slightly to 4.79 percent

Rates on 30-year fixed mortgages ticked up this week from the lowest level of the year.

Freddie Mac says the average rate rose to 4.79 percent, up from 4.78 percent last week. A year ago, the rate averaged 5.29 percent.

Rates dropped to a record low of 4.71 percent in December, pushed down by a Federal Reserve program that reduced borrowing costs for consumers. That campaign ended in March. 

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