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Rates on 30-year fixed rate mortgage rose above 5 percent for the first time in three weeks, but stayed near historically low levels.

The national average rate on a 30-year fixed rate mortgage was 5.05 percent this week, up from 4.93 percent last week, according to Freddie Mac on Thursday.

Rates had previously fallen to a record low of 4.71 percent back in December, driven downward by an aggressive government campaign to reduce borrowing costs for consumers.

Each week, Freddie Mac collects mortgage rates from lenders around the country on Monday through Wednesday. Rates usually vary greatly from state to state. They often fluctuate significantly, even within a given day, often moving with long-term Treasury bonds.

Mortgage rates have held near record low levels thanks to a $1.25 trillion Federal Reserve program to buy mortgage securities. That program is currently slated to wrap up at the end of March, but the Fed is considering it holding it over if the economy does not show significant signs of improvement.

Some analysts are concerned that mortgage rates will jump once the program ends as there will be fewer willing buyers, hurting the real estate recovery. Government officials, however, remain optimistic that the Fed will be able to terminate the program without any major consequences.

This week, the nationwide average rate on a 15-year fixed-rate mortgage increased to 4.4 percent, up from 4.33 percent last week.

Rates on five-year, adjustable-rate mortgages averaged 4.16 percent, up from 4.12 percent a week earlier. Rates on one-year, adjustable-rate mortgages fell to 4.15 percent from 4.23 percent.

The nationwide fee for loans in Freddie Mac’s survey averaged 0.7 point for 30-year and 15-year loans and 0.6 point for five-year and one-year loans.

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