Industry News

Economic surprise boosts real estate rates

One-year adjustable loan now at 3-year high
Published on Nov 3, 2005

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by CareyBot

Stronger than expected economic news pushed mortgage rates up for the eighth consecutive week, and sent the one-year adjustable-rate mortgage to highs not seen in more than three years, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie ...

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