Industry News

Oil price relief sinks real estate rates

Consumer confidence, home sales to impact movement
Published on Nov 23, 2005

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by CareyBot

Mortgage rates fell for the first time in 13 weeks as falling oil prices eased inflation fears, according to Freddie Mac’s weekly survey. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 6.28 percent for the week ended today, down ...