Industry News

Mortgage rates rise on Fed speculation

Improving economy may push rates up sooner than expected
Published on Jan 29, 2004

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Mortgage rates this week inched slightly higher on news the economy may be on a swift rebound, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.68 percent ...

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