Industry News

Real estate rates climb for fourth week

Monthlong increase a stark contrast to last year's reaction
Published on Jul 28, 2005

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by CareyBot

Positive economic news fueled the fourth consecutive week of rising mortgage rates, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 5.77 percent for the week ended today, up from last ...

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