Industry News

Real estate rates end week higher

Fed expected to raise cost of borrowing money again
Published on Jan 26, 2006

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by CareyBot

Mortgage rates ticked higher this week as markets began to factor in another likely rate hike from the Federal Reserve next week, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 6.12 ...

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