Industry News

Inflation jitters push up mortgage rates

Economist sees fluctuation and higher rates on the way
Published on Feb 2, 2006

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by CareyBot

Mortgage rates continued climbing this week, according to surveys conducted by Freddie Mac and Bankrate. According to Freddie Mac’s, rates on the 30-year fixed-rate mortgage averaged 6.23 percent, up from last week’s average of 6.12 percent. Rates on the 15-year ...