Industry News

Inflation report hikes mortgage rates

Fed expected to boost key rate to 5.25% this month
Published on Jun 15, 2006

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by CareyBot

Mortgage rates increased slightly this week after the latest consumer price report suggested that inflation is still a threat, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s survey, the 30-year fixed-rate mortgage inched up to an ...

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