Industry News

Consumer confidence boosts mortgage rates

30-year fixed climbs above 6%
Published on Jul 29, 2004

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by CareyBot

Long-term mortgage interest rates moved higher for the first time in five weeks, fueled by a rise in consumer confidence, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage ...

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