Industry News

Long-term real estate rates on the rise

30-year fixed at 6.09%; purchase loan applications up
Published on Oct 19, 2005

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by CareyBot

Real estate purchase loan applications were on the rise last week as refinancings slowed, according to the Mortgage Bankers Association’s weekly mortgage applications survey. Long-term interest rates also increased. The market composite index – a measure of mortgage loan application ...

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