Industry News

Real estate rates dive for third week

Slow sales, low inflation influence movement
Published on Dec 29, 2005

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by CareyBot

Mortgages rates fell for the third consecutive week as cooling home sales and economic indicators exerted influence, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 6.22 percent for the week ...

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