Industry News

Job gains hike mortgage rates

Freddie Mac predicts only a slight increase in rates by year-end
Published on Sep 9, 2004

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by CareyBot

Mortgage rates crept higher this week on news of good job growth in August, according to a survey conducted by mortgage buyer Freddie Mac. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.83 percent for the week ended ...

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