Industry News

Real estate rates up for sixth week

30-year fixed approaches 6% in latest survey
Published on Aug 11, 2005

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by CareyBot

Strong job growth fueled the sixth 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 5.89 percent for the week ended today, up from last ...

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