Industry News

Bond-market concern pushes real estate rates higher

30-year climbs to an average 5.7% this week
Published on Nov 4, 2004

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by CareyBot

Mortgage rates this week began rising from six-month lows amid reports of economic gains, according to Freddie Mac’s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.7 percent for the week ended today, up from last ...