Industry News

Mortgage rates dip again

30-year fixed averages 5.38% in latest Freddie Mac survey; 1-year ARM hits record low
Published on Mar 18, 2004

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by CareyBot

Mortgage rates continued to fall this week, inching closer to the historic lows recorded last June, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.38 percent for ...

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