AgentIndustry News

Downward trend seen in real estate rates

Fed tightening may be hindering economic growth
Published on Jan 14, 2005

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by CareyBot

Long-term Treasury and mortgage rates fell again this week, not a lot, but remarkable in the face of fierce tub-thumping at the Fed. The 10-year T-note traded under 4.2 percent, and low-fee 30-year mortgages made it to 5.625 percent.

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