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WASHINGTON, June 5 (Xinhua) -- U.S. fixed1 mortgage rates rose for the first time in six weeks after hitting a seven-month low amid a slowdown in the housing recovery, mortgage buyer Freddie Mac said Thursday.
The 30-year fixed-rate mortgage (FRM) edged up to 4.14 percent in the week ending Thursday from a seven-month low of 4.12 percent in the previous week, the U.S. mortgage giant said in its Primary Mortgage Market Survey.
The 15-year FRM, a popular guide for those looking to refinance, rose slightly to 3.23 percent from 3.21 percent in the prior week, which was the lowest level since late October, the survey showed.
"Mortgage rates were little changed amid a week of light economic reports. Of the few releases, real GDP was revised down to -1.0 percent growth in the first quarter of 2014," said Freddie Mac's chief economist2 Frank Nothaft in a statement.
That was the first contraction3 since the first quarter of 2011. Many economists4 expected the U.S. economic growth to bounce back in the second quarter after the brutally5 cold weather ended.
But the slowdown in the housing recovery has become a fresh concern, as sharp increases in home prices and limited inventories6, as well as higher mortgage rates have discouraged many home buyers.(本文由在线英语听力室整理编辑)
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1 fixed | |
adj.固定的,不变的,准备好的;(计算机)固定的 | |
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2 economist | |
n.经济学家,经济专家,节俭的人 | |
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3 contraction | |
n.缩略词,缩写式,害病 | |
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4 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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5 brutally | |
adv.残忍地,野蛮地,冷酷无情地 | |
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6 inventories | |
n.总结( inventory的名词复数 );细账;存货清单(或财产目录)的编制 | |
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