Industry News

Weekly real estate rates continue to slide

New GDP figures, Fed statement will dictate future movement
Published on Jan 27, 2005

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by CareyBot

Long-term mortgage rates declined for the fourth consecutive week, according to Freddie Mac’s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.66 percent for the week ended today, down slightly from last week when it averaged ...