Industry News

Real estate rates rise on brighter job news

'Goldilocks economy' impacts long-term investments
Published on Jul 14, 2005

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by CareyBot

Mortgage rates inched higher for the second consecutive week, as last week’s employment report calmed fears of an economic downturn, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 5.66 percent ...

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