Industry News

Real estate rates hit 6-month high

Inflation fears keep Fed on alert
Published on Oct 6, 2005

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Long-term mortgage rates increased for the fourth consecutive week as high energy costs continued to spread inflation jitters, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 5.98 percent for the ...

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