AgentIndustry News

Mortgage rates fall after Bernanke’s speech

Fed chief says economy is 'moderating,' but outcome may be worse
Published on Jul 21, 2006

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The 10-year T-note is again falling toward 5 percent, and has taken low-fee mortgage rates to 6.75 percent.

Newspapers today say that "mortgage rates rose" this week, but this factoid is based on Freddie Mac's bone-headed method of early-week survey and delayed (Thursday) release ...

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