Industry News

Economic uptick hikes real estate rates

30-year fixed rises to an average 5.81% in Freddie Mac survey
Published on Dec 2, 2004

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by CareyBot

Improving economic news helped push long-term mortgage rates higher this week, according to Freddie Mac’s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.81 percent for the week ended today, up from last week when it ...