Industry News

Mortgage rates rise on economic optimism

30-year fixed rises to an average 5.82% in Freddie Mac survey
Published on Oct 7, 2004

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Mortgage rates climbed for the second consecutive week on news that the economy may soon be improving, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate. In Freddie Mac’s weekly survey, the 30-year fixed-rate mortgage averaged 5.82 percent ...

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