Industry News

Real estate rates gain for third week

One-year adjustable-loan rate approaches 3-year high
Published on Jul 21, 2005

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by CareyBot

Mortgage rates rose for the third consecutive week as positive economic news continued, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 5.73 percent for the week ended today, up from ...

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