Industry News

Real estate rates break 6%

Job market, energy costs fuel uptick
Published on Oct 13, 2005

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by CareyBot

Long-term mortgage rates increased for the fifth consecutive week on brighter job market news and lingering inflation concerns, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 6.03 percent for the ...

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