Industry News

Upward pressure on mortgage rates eases

Average fixed-rate mortgages decline
Published on Aug 5, 2004

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by CareyBot

Long–term mortgage rates slipped this week, according to surveys by Freddie Mac and Bankrate.   In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.99 percent, with an average 0.7 point, for the week ended today, slipping from last ...