Industry News

Fixed mortgage rates nudge higher

Weak economy to keep lid on rapid rate increases
Published on Aug 26, 2004

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by CareyBot

Mortgage rates inched higher this week, according to the latest survey conducted by mortgage buyer Freddie Mac. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.82 percent, with an average 0.7 points, up slightly from last week when ...