Industry News

Economic news hikes real estate rates

Borrowing costs up for fourth straight week
Published on Feb 16, 2006

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Mortgage rates rose for the fourth consecutive week, fueled by higher retail sales and inflation fears, according to surveys conducted this week by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage averaged 6.28 percent for the ...

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