Industry News

Real estate rates sink to 10-month lows

Weak job market fuels decline
Published on Feb 10, 2005

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by CareyBot

Long-term mortgage rates dropped for the sixth consecutive week, according to Freddie Mac’s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.57 percent, with an average 0.8 points, for the week ended today, down from last ...