Industry News

New inflation concerns hike real estate rates

30-year fixed hits highest level in 2 1/2 years
Published on Mar 9, 2006

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by CareyBot

Long-term mortgage rates this week jumped to highs not seen since the summer of 2003, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage rose to an average 6.37 percent for the ...

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