Industry News

Weekly mortgage rates slip

'Still enough slack in economy' to keep rates at current low levels
Published on Feb 12, 2004

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by CareyBot

Long-term mortgage interest rates dipped slightly this week, as markets awaited Federal Reserve Chairman Alan Greenspan’s testimony on current economic conditions, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the 30-year fixed-rate ...

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