Industry News

Slow economy keeps lid on mortgage rates

Home purchases increase as 30-year fixed holds in mid-fives
Published on Feb 26, 2004

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by CareyBot

Mortgage rates this week were virtually unchanged from last week, as markets felt the effect of declining consumer confidence and weak job growth, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the ...

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