Industry News

Mortgage rates soar to 4-month highs

Jobs report pushes 30-year fixed to 5.79%
Published on Apr 8, 2004

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by CareyBot

Mortgage rates climbed to four-month highs this week on news that payrolls increased by more than 300,000 jobs in March, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.   In Freddie Mac’s weekly survey, the 30-year fixed-rate ...